Exercise 19-10 (Part Level Submission) The following facts relate to Sarasota Corporation. 1. Deferred tax liability, January 1, 2017, $70,800. 2. Deferred tax asset, January 1, 2017, $23,600. 3. Taxable income for 2017, $123,900. 4. Cumulative temporary difference at December 31, 2017, giving rise to future taxable amounts, $271,400. 5. Cumulative temporary difference at December 31, 2017, giving rise to future deductible amounts, $112,100. 6. Tax rate for all years, 40%. No permanent differences exist. 7. The company is expected to operate profitably in the future. (a) Your answer is correct. Compute the amount of pretax financial income for 2017. Pretax financial income 165200 Click if you would like to Show Work for this question: Open Show Work