28. For the year ended December 31, 2020 Kart Inc. reported pretax financial statement income of $950,000. Its taxable income was $850,000. The difference is due to accelerated depreciation for income tax purposes. Kart Inc.'s effective income tax rate is 28% and Kart Inc. made estimated tax payments during 2020 of $90,000. What amount should Kart Inc. report as current income tax expense for 2020? a. b. C. d. $238,000 $212,800 $266,000 $0 none of the above e. 29. For its first year of operations, Dealz Corporation's reconciliation of pretax accounting income to taxable income is as follows: Pretax accounting income Permanent difference $ 315,000 (10,000) 305,000 (25,000) $ 280,000 Temporary difference-depreciation Taxable income Dealz 's tax rate is 21%. Assume that no estimated taxes have been paid. What should Dealz report as income tax payable for its first year of operations? A) $280,000 B) $58,800 C) $64,050 D) $0 E) none of the above