Question: Please help Global, Inc. provides consulting services throughout the world. The company pays taxes to the nation where revenues are earned, Information about the company's

Please help

pays taxes to the nation where revenues are earned, Information about the

Global, Inc. provides consulting services throughout the world. The company pays taxes to the nation where revenues are earned, Information about the company's taxes is presented below Global, Inc. Components of Income Tax Expense (in millions) 2012 2011 Current - Federal $ 35.60 $ 29.80 - Foreign 53.86 65.85 . State and Local 17.15 15.28 Total Current $106.61 $110,93 Deferred - Federal $ 10.56 $ 8.54 - Foreign 3128 6.57 Total Deferred $ 13.84 $ 15.11 Total Income Tax Expense 1120.45 113604 Components of Income before Taxes 2012 2011 United States $155.45 $150.25 Foreign 134 50 TotalRequired: Hide a. Using the information provided for Global, prepare the company's journal entry to record income taxes for 2012 and 201 1. Round your answers to two decimal places, If an amount box does not require an entry, leave it blank. 2012 2011

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