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Oriole, Inc. had pre-tax accounting income of $3000000 and a tax rate of 20% in 2021, its first year of operations. During 2021 the company

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Oriole, Inc. had pre-tax accounting income of $3000000 and a tax rate of 20% in 2021, its first year of operations. During 2021 the company had the following transactions: Received rent from Jane Co.for 2022 Municipal bond income Depreciation for tax purposes in excess of book depreciation Installment sales profit to be taxed in 2022 599000 $123000 $63000 $165000 For 2021, what is the amount of income taxes payable for Oriole, Inc? O $510000 O $549600 5574200 5640800

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