Exercise 19-12 The following facts relate to Duncan Corporation 1. Deferred tax liability, January 1, 2014, $154,140. 2. Deferred tax asset, January 1, 2014, $51,380. 3. Taxable income for 2014, $269,745. 4. Cumulative temporary difference at December 31, 2014, giving rise to future taxable amounts, $539,490. 5. Cumulative temporary difference at December 31, 2014, giving rise to future deductible amounts, 244,055. 6, Tax rate for all years, 40%. No permanent differences exist. 7. The company is expected to operate profitably in the future. Compute the amount of pretax financial income for 2014 Pretax financial income