Coronado Corporation began 2020 with a $46,920 balance in the Deferred Tax Liability account. At the end of 2020, the related cumulative temporary difference amounts to $357,000, and it will reverse evenly over the next 2 years. Pretax accounting income for 2020 is $535,500, the tax rate for all years is 20%, and taxable income for 2020 is $413,100. (a) Your answer is correct. Compute income taxes payable for 2020. Income taxes payable $ 82620