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Review Picture. The following information relates to Riverbed Inc.: At July 1, 2019 At June 30, 2020 Temporary difference, giving rise to future taxable amounts

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The following information relates to Riverbed Inc.: At July 1, 2019 At June 30, 2020 Temporary difference, giving rise to future taxable amounts $89,000 $160,000 Temporary difference, giving rise to future deductible amounts 29,000 86,000 Accounting income for the year ended June 30, 2020 was $133,000. No permanent differences existed during the fiscal year. The company was expected to operate profitably in the future. The tax rate was 15% for the current and future years. Riverbed Inc. follows IFRS. (a) Calculate the amount of taxable income for 2020. Taxable income, 2020

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