The following facts relate to Marigold Corporation.

1.		Deferred tax liability, January 1, 2020, $21,200.
2.		Deferred tax asset, January 1, 2020, $0.
3.		Taxable income for 2020, $100,700.
4.		Pretax financial income for 2020, $212,000.
5.		Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $254,400.
6.		Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $37,100.
7.		Tax rate for all years, 20%.
8.		The company is expected to operate profitably in the future.

A.) Compute income taxes payable for 2020.

Income taxes payable