Prepare accounting entries according to the following information. Information: In June 2007, Lihe Co., Ltd. had the following businesses:

16

Debit: income tax expense 17298.60

Loan: taxes payable-income tax 17298.60

17

Debit: profit distribution-undistributed profit 35 12.438+04

Debit: profit distribution-drawing magic weapon surplus reserve 35 12.438+04.

Loan: profit distribution-drawing magic weapon surplus reserve 35 12.438+04

Loan: surplus reserve-statutory surplus reserve 35 12.438+04

18

Debit: this year's profit is 35 12 1.40.

Loan: profit distribution-undistributed profit 35 12 1.40