Show transcribed image text D ezte.mheducationcom.hrn.tpx Apps G Google 諰 Sign it to your Micre BankMobile: Acton: Zokany Corporaton would have had identical income before taxes on both ts income tax returns and asset The asset cost $250 000 and its depreciated for income tax purposes in the folowing amounts income statements for the years 2016 through 2019 except for differences in depreciation on an pperational 2016 5 82,500 2017 110,000 2018 37,500 2019 20,000 The operatonal asset has a four-year ite and no residual value The straight-line method is used for inandial reporting purpoges ncome ancunts before deprecation expense and incoms taces far each of tha four years were a ollows 2016 2017 2019 Accouring income betore taxes and depreciaon $135,000 $155.000145000 145,000 Assume the avsrage and maiginal income tax rate for 206 and 20 30% however durnng 2017 tax segeation was passed to raise telerate to 40% begining in 2018 me 40e rae emaned m erect through the years 2018 and 2019. Botn the accounting and income tar pencos end December 31 Required Prepare the journal entnes to record noorte tases sor the veers 201ō thougn 2019 nt no entry is nored for a transactioneveni, select "Ne journal entry o qua ed·it, their st accent naiu Journal entry worksheet Record 2017 ircome taxos Type here to search