Answer is not 147,000.

The following information relates to Riverbed Inc.: Temporary difference, giving rise to future taxable amounts Temporary difference, giving rise to future deductible amounts At July 1, 2019 $89,000 29,000 At June 30, 2020 $160,000 86,000 Accounting income for the year ended June 30, 2020 was $133,000. No permanent differences existed during the fiscal year. The company was expected to operate profitably in the future. The tax rate was 15% for the current and future years. Riverbed Inc. follows IFRS. (a) Calculate the amount of taxable income for 2020. $ Taxable income, 2020 The following information relates to Riverbed Inc.: Temporary difference, giving rise to future taxable amounts Temporary difference, giving rise to future deductible amounts At July 1, 2019 $89,000 29,000 At June 30, 2020 $160,000 86,000 Accounting income for the year ended June 30, 2020 was $133,000. No permanent differences existed during the fiscal year. The company was expected to operate profitably in the future. The tax rate was 15% for the current and future years. Riverbed Inc. follows IFRS. (a) Calculate the amount of taxable income for 2020. $ Taxable income, 2020