For the year ended December 31, 2023, Blue Ltd. reported income before income taxes of $90,000. In 2023, Blue Ltd. paid $51,000 for rent; of this amount, $17,000 was expensed in 2023. The remaining $34,000 was treated as a prepaid expense for accounting purposes and would be expensed equally over the 2024-2025 period. The full $51,000 was deductible for tax purposes in 2023. The company paid $75,000 in 2023 for membership in a local golf club (which was not deductible for tax purposes). In 2023 Blue Ltd. began offering a 1-year warranty on all merchandise sold. Warranty expenses for 2023 were $40,000, of which $30,000 was actual repairs for 2023 and the remaining $10,000 was estimated repairs to be completed in 2024. Meal and entertainment expenses totalled $22,000 in 2023, only half of which were deductible for income tax purposes. Depreciation expense for 2023 was $160,000. Capital Cost Allowance (CCA) claimed for the year was $185,000. Blue was subject to a 20% income tax rate for 2023. Blue follows IFRS. (c) Calculate taxable income and the amount of current income taxes expense for 2023. Taxable income Income taxes payable