For the year ended December 31, 2023, Bonita Ltd. reported income before income taxes of $100,000. In 2023 , Bonita Ltd. paid $66,000 for rent; of this amount, $22,000 was expensed in 2023 . The remaining $44,000 was treated as a prepaid expense for accounting purposes and would be expensed equally over the 20242025 period. The full $66,000 was deductible for tax purposes in 2023. The company paid $76,000 in 2023 for membership in a local golf club (which was not deductible for tax purposes). In 2023 Bonita Ltd. began offering a 1-year warranty on all merchandise sold. Warranty expenses for 2023 were $43,000, of which $27,000 was actual repairs for 2023 and the remaining $16,000 was estimated repairs to be completed in 2024 . Meal and entertainment expenses totalled $21,000 in 2023 , only half of which were deductible for income tax purposes. Depreciation expense for 2023 was $170,000. Capital Cost Allowance (CCA) claimed for the year was $200,000. Bonita was subject to a 20% income tax rate for 2023 . Bonita follows IFRS. (c) Your answer is incorrect. Calculate taxable income and the amount of current income taxes expense for 2023. Taxable income $ Income taxes payable $