Sandhill Company deducts insurance expense of $$234000$ for tax purposes in $2025,$ but the expense is not yet recognized for accounting purposes. In $2026,2027,$ and $2028,$ no insurance expense will be deducted for tax purposes, but $$78000$ of insurance expense will be reported for accounting purposes in each of these years. Sandhill Company has a tax rate of $20\%$ and income taxes payable of $$196000$ at the end of $2025.$ There were no deferred taxes at the beginning of $2025.$

Assuming that income taxes payable for $2026$ is $$272000,$ income tax expense for $2026$ would be

$$318800$

$$287600$

$$272000.$

$$256400.$