how to get income tax payable

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During the year, the following transactions relating to shares occurred. 1. May 15,2021, issued 4,000 preferred shares with a fair value of $11.50 per share for cash. 2. Purchased a Caterpillar bulldozer on fune 5,2021 in exchange for a cash payment of $18,000 and issued 90,000 common shares with an estimated fair value of $3.15 per share. The fair value of the bulldozer was unavailable. 3. On June 30, 2021, issued 4,000 preferred shares in excharnge for legal services (tegal Fees Expense) in the amount of $50,000. The preferred shares had an estimated fair value of $11.60 on June 30.2021. 4. November 30,2021 , declared and paid $50,000 of dividends to the preferred shareholders. The following operating information was provided for the year: BRAMBLE CONSTRUCTION LTD. Income Statement Year ended December, 2021 Service Revenue Operating Expenses \begin{tabular}{rr|l|} \hline & 185,000 & 1 \\ \hline \end{tabular} Mescellaneous Expense Otfice Expense Profit From Operations Less v: Interest Expense Proft Before income Tax Profit /( Losss)