Square Corporation had pretax book income of $900,000 in 2024. In 2024, one temporary difference originated for Square. Specifically, Square had an expense from item A of $200,000 for income tax purposes in 2024; for financial reporting (i.e., book) purposes the $200,000 of expense will be recognized as follows: $80,000 in 2024, $70,000 in 2025 and $50,000 in 2026. All differences reversed as expected. What is taxable income for Square for 2024 ?

Group of answer choices

830,000

820,000

770,000

970,000

780,000

900,000

1,030,000

980,000

1,020,000