At the beginning of 2021; Cullumber, Inc. had a deferred tax asset of $20500 and a deferred tax liability of $30500. Pre-tax accounting income for 2021 was $1510000 and the enacted tax rate is 20%. The following items are included in Cullumbers pre-tax income:

Interest income from municipal bonds	$121000
Accrued warranty costs, estimated to be paid in 2022	$261000
Operating loss carryforward	$191000
Installment sales profit, will be taxed in 2022	$131000
Prepaid rent expense, will be used in 2022	$60500

What is Cullumber, Inc.s taxable income for 2021?