At the end of the year, Wildhorse Co. has pretax financial income of $627,000. Included in the $627,000 is $79,800 interest income on municipal bonds, $28,500 fine for dumping hazardous waste, and depreciation of $68,400. Depreciation for tax purposes is $51,300. Compute income taxes payable, assuming the tax rate is 30% for all periods. Income taxes payable $ $ In 2020, Windsor Corporation had pretax financial income of $182,000 and taxable income of $111,000. The difference is due to the use of different depreciation methods for tax and accounting purposes. The effective tax rate is 20%. Compute the amount to be reported as income taxes payable at December 31, 2020. Income taxes payable at December 31, 2020 $