Taxable income and pretax financial income would be identical for Huber Co. except for its treatments of gross profit on installment sales and estimated costs of warranties. The following income computations have been prepared. Taxable income 2013 2014 2015 Excess of revenues over expenses (excluding two temporary differences) $164,400 $229,200 $93,200 Installment gross profit collected 8,100 8,100 8,100 Expenditures for warranties (5,800 ) (5,800 ) (5,800 ) Taxable income $166,700 $231,500 $95,500 Pretax financial income 2013 2014 2015 Excess of revenues over expenses (excluding two temporary differences) $164,400 $229,200 $93,200 Installment gross profit earned 24,300 0 0 Estimated cost of warranties (17,400 ) 0 0 Income before taxes $171,300 $229,200 $93,200