Kingbird Corporation has one temporary difference at the end of 2020 that will reverse and cause taxable amounts of $55,000 in 2021, $59,900 in 2022, and $64,700 in 2023. Kingbird's pretax financial income for 2020 is $322,700, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2020. (a) Compute taxable income and income taxes payable for 2020. Taxable income $ Income taxes payable $ e Textbook and Media List of Accounts Save for Later Attempts: 0 of 10 used Submit