The following facts relate to Crane Corporation. 1. 2. 3. 4. Deferred tax liability, January 1, 2020, $30,300. Deferred tax asset, January 1, 2020, $10,100. Taxable income for 2020, $106,050. Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $232,300. Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $95,950. Tax rate for all years, 20%. No permanent differences exist. The company is expected to operate profitably in the future. 5. 6. 7. (a) Your answer is incorrect. Compute the amount of pretax financial income for 2020. Pretax financial income $