The following differences between financial and taxable income were reported by Gonzalez-Zabala Corporation for the current year: Excess of tax depreciation over book depreciation $80,000 Interest revenue on municipal bonds 9,000 Excess of estimated warranty expense over actual expenditures 55,000 Unearned rent received 12,000 Fines paid 30,000 Interest on indebtedness incurred to purchase tax-exempt securities 3,000 Unrealized losses on marketable securities recognized for financial reporting 18,000 Assume that Gonzalez-Zabala Corporation had pretax financial income (before considering items through] of $900,000 for the current year. Compute the taxable income for the current year. The following information was taken from Chokr Corporation's 2016 income statement