Pretax accounting income is computed to be $117,000 after including the effects of the appropriate items from the following information:

1. Depreciation taken for tax purposes $93,000
2. Depreciation taken for accounting 16,000
3. Contributions to the pension plan 22,000
4. Pension expense 18,000
5. Interest revenue on municipal bonds 7,600
6. Penalty for late payment of income taxes 12,000
7. Unearned revenue for deposits received in advance 33,000
8. Unrealized gain on available-for-sale securities 8,000
9. Fine assessed for pollution of a river 25,000

Using the setup below, compute taxable income

Pretax accounting income 99,000

Depreciation difference

Pension cost difference

Interest revenue

Penalty

Unearned revenue

Unrealized gain

Fine

Taxable income?