FINANCIAL ACCOUNTING For the year ended December 31, 2023, and as part of the preparation of its annual financial statements (expected to be completed in March 2024), The Steiner Corporation calculated earnings before taxes of $240,000. Then, to determine 2023 taxable income for its returns to be filed with various taxing authorities, the company had to consider the following tax-related circumstances: . In 2023, Steiner was permitted to deduct the remaining balance of a $20,000 charitable contribution that it had recorded as an expense in 2022; the company had been permitted to deduct only $11,000 for tax purposes in 2022. During 2023, Steiner made payments of $95,600 to the taxing authorities for its estimated taxes. The company wrote off uncollectible accounts receivable of $31,000 during 2023. Steiner estimated its bad debts expense for that year at 10% of its sales of $190,000. In late 2023, federal authorities had notified Steiner's management that payments of $10,000 in 2022 and $7,000 in 2023, made to officials of various foreign countries, were inappropriate under the terms of the Foreign Corrupt Practices Act. During 2023, Steiner paid $11,000 to independent contractors to repair the products sold to its customers and which were still under warranty. The compensation of its own repairmen who worked on products under warranty was $7,000. Parts used in the repairs cost $4,000. Its estimate of warranty expense for 2023 was $28,000. In 2023, asset cost recovery permitted by tax rules ($41,000) was greater than depreciation under GAAP ($27,000). Prepare a schedule of taxable income for The Steiner Corporation for the year ended December 31, 2023.