ABC has pretax accounting income $104,000. During the year, ABC paid a fine of $3,120 that is nondeductible for tax purposes. At the end of the year, ABC collected $15,600 from a tenant for rental of a building next year. Assume a tax rate of 35%. The year-end balance of the related deferred tax account is ABC has pretax accounting income $104,000. During the year, ABC paid a fine of $3,120 that is nondeductible for tax purposes. At the end of the year, ABC collected $15,600 from a tenant for rental of a building next year. Assume a tax rate of 35%. Taxable income is