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Tamarisk Corporation has one temporary difference at the end of 2017 that will reverse and cause taxable amounts of $57,800 in 2018, $62,500 in 2019,

Tamarisk Corporation has one temporary difference at the end of 2017 that will reverse and cause taxable amounts of $57,800 in 2018, $62,500 in 2019, and $67,300 in 2020. Tamarisks pretax financial income for 2017 is $319,400, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2017.

Compute taxable income and income taxes payable for 2017.

Taxable income

$enter a dollar amount

Income taxes payable

$enter a dollar amount

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