Carla Vista Inc. reports accounting income of $$102,000$ for $2023,$ its first year of operations. The following items cause taxable income to be different than income reported on the financial statements.

$1.$

$2.$

$4.$

Capital cost allowance $($on the tax return$)$ is greater than depreciation on the income statement by $$17,100.$

Rent revenue reported on the tax return is $$25,650$ higher than rent revenue reported on the income statement.

Non$-$deductible fines appear as an expense of $$15,800$ on the income statement.

Carla Vista's tax rate is $30\%$ for all years and the company expects to report taxable income in all future years. Carla Vista reports under IFS.

$($a$)$

Calculate taxable income and income tax payable for $2023.$

Taxable income for $2023$

$

Income tax payable for $2023$

$

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