Hi, please help! Please provide the detailed solution of how you get these answers! Please follow the chart below to answer the question, and you only need to answer part B in this case. Answer the question only in the case you can guarantee that you will follow the instruction here. Thank you.

Exercise 19-5 (Part Level Submission) The following facts relate to Bonita Corporation 1. Deferred tax liability, January 1, 2017, $48,800. 2. Deferred tax asset, January 1, 2017, $0. 3. Taxable income for 2017, $115,900 4. Pretax financial income for 2017, $244,000 Cumulative temporary difference at December 31, 2017, giving rise to future taxable amounts, $292,800 6 Cumulative temporary difference at December 31, 2017, giving rise to future deductible amounts, $42,700 7, Tax rate for all years, 40%. 8. The company is expected to operate profitably in the future. Your answer is correct. Compute income taxes payable for 2017. (Round answer to the nearest dollar amount, e.g. $1,525.) Income taxes payable 46360