In 2005, Seero has not recognized tax losses of $90,000 that arose when the tax rate was 30%. In 20X6, the company has taxable income of $150,000. The current tax rate is 30% and the enacted rate for 20X7 is 28%. The company still believes that the benefit for remaining tax losses will not be realized in the future. What will be the amount of the income taxes payable and income tax expense (recovery) recognized in 20X6. Multiple Choice The income taxes payable is $27.000 and the income tax expense is $27.000 The income taxes payable is $42.000 and the income tax expense is $42,000 The income taxes payable is $45,000 and the income tax expense is $45,000. The income taxes payable is $18,000 and the income tax expense is $18,000