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Thank you for your help but I have left out the year for 2018 Can you help with this one

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Thank you for your help but I have left out the year for 2018 Can you help with this one?


Question: I just need help in understanding where to figure out amounts.  I have watched video's, used power points and I am missing something. 

Can  you help me with this problem below?
I am more of a visual learner.  If I can get the formula's I can do the work.  I have part of this, but I am not getting the remaining, trying to get the carryforward and carry back.
I am willing to take a deduction  for turning it in late, if I can learn how to compute this  problem and get the correct answer.  Its due tonight.
Thank you

Exercise 19-24 (Part Level Submission)
Flounder Inc. reports the following pretax income (loss) for both book and tax purposes. (Assume the carryback provision is used where possible for a net operating loss.)
Income (Loss)
Tax Rate
2015 $109,000   40%
2016 84,000 40%
2017 (303,000) 45%
2018 132,000 45%
The tax rates listed were all enacted by the beginning of 2015.

Prepare the journal entries for years 2015-2018 to record income tax expense (benefit) and income taxes payable (refundable), and the tax effects of the loss carryback and loss carryforward, assuming that based on the weight of available evidence, it is more likely than not that one-half of the benefits of the loss carryforward will not be realized. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
Account Titles and Explanation

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