Please solve this with steps

Bonita Services Ltd. follows ASPE and had earned accounting income before taxes of $501,000 for the year ended December 31 , 2023. During 2023, Bonita paid $81,000 for meals and entertainment expenses. In 2020, Bonita's w. accountant made a mistake when preparing the company's income tax return. In 2023, Bonita paid $9,800 in penalties related to this error. These penalties were not deductible for tax purposes. Bonita owned a warehouse building for which it had no current use, so the company chose to use the building as a rental property, On January 1,2023 Bonita rented the building to Trung inc. for two years at $64,300 per year. Trung paid the entire two years' rent in advance. Bonita used the straight-line depreciation method for accounting purposes and recorded depreciatio nense of $322,800. For tax purposes, Bonita claimed the maximum capital cost allowance of $469.500. This asse had been purchased at the beginning of the year for $3,010,100 In 2023, Bonita began selling its products with a two-year warranty against manufacturing defects. In 2023, Bonita accrued $307,200 of warranty expenses: actual expenditures for 2023 were $90.700 with the remaining $216.500 anticipated in 2024. In 2023, Bonita was subject to a 25% income tax rate. During the year, the federal govemment announced that tax rates would be decreased to 23% for all future years beginning January 1,2024. Galculate taxable income and the amount of current income taxes expense for 2023. Taxable income Income taxes payable