Kensington had this info at the end of 2023, its first year of operations: Pretax book income Unearned Revenue $ 800,000 100,000 Excess of tax over book depreciation 200,000 300,000 Fine paid due to violation of laws No other permanent or temporary differences exist. The unearned revenue will be earned in 2026; the depreciation will reverse evenly over the next three years. Tax rate is 30%. Future net income is probable. The 12/31/23 Income Tax Payable is: Select one: a. $60,000 b. $240,000 c. $210,000 O d. $180,000 e. $300,000 Clear my choice