6 of 10 < > View Policies -/1 Current Attempt in Progress Pharoah Corporation has one temporary difference at the end of 2025 that will reverse and cause taxable amounts of $52,300 in 2026, $57,200 in 2027, and $62,400 in 2028. Pharoah's pretax financial income for 2025 is $302,600, and the tax rate is 40% for all years. There are no deferred taxes at the beginning of 2025. (a) Compute taxable income and income taxes payable for 2025. Taxable income $ Income taxes payable +A $