Recording Multiple Temporary Differences, Multiple Tax Rates

Aim Inc. reported the following for Year $1$ through Year $3.$

Prepaid maintenance contract: $$120,000$ on January $1$ of Year $1,$ for a three$-$year period beginning January $1$ of Year $1.$

Deferred revenue: $$180,000$ on January $1$ of Year $1,$ for a three$-$year period beginning January $1$ of Year $1.$

Pretax GAAP income is $$2,000,000,$$$1,552,000,$ and $$1,700,000$ for Year $1,$ Year $2,$ and Year $3,$ respectively.

Enacted tax rates are $25\%$ for Year $1$ and Year $2,$ and $30\%$ for Year $3.$

There were no balances in the deferred tax accounts on January $1$ of Year $1.$

Required

a$.$ Compute the increase to income tax payable on December $31$ of Year $1,$ Year $2,$ and Year $3.$c$.$ Prepare the journal entry to record income taxes in Year $1,$ Year $2,$ and Year $3.$

Note: If a line in a journal entry isn't required for the transaction, select $"$N$/$A$"$ as the account names and leave the Dr$.$ and Cr$.$ answers blank

$($zero$).$Required

a$.$ Compute the increase to income tax payable on December $31$ of Year $1,$ Year $2,$ and Year $3.$

b$.$ Prepare schedules to compute the deferred tax balances on December $31.$

Note: Do not use negative signs with your answers.

c$.$ Prepare the journal entry to record income taxes in Year $1,$ Year $2,$ and Year $3.$

Note: If a line in a journal entry isn't required for the transaction, select $"$N$/$A$"$ as the account names and leave the Dr$.$ and Cr$.$ answers blank

$($zero$).$