For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows:

Pretax accounting income	$330,000
Permanent difference	(14,200)
	315,800
Temporary difference-depreciation	(20,000)
Taxable income	$295,800

Tringali's tax rate is 36%. Assume that no estimated taxes have been paid.

What should Tringali report as income tax payable for its first year of operations?