The following facts relate to Sandhill Corporation. 1. Deferred tax liability, January 1,2025,$24,000. 2. Deferred tax asset, January 1, 2025, \$0. 3. Taxable income for 2025,$104,500. 4. Pretax financial income for 2025,$210,000. 5. Cumulative temporary difference at December 31,2025 , giving rise to future taxable amounts, $264,000. 6. Cumulative temporary difference at December 31,2025 , giving rise to future deductible amounts, $38,500. 7. Tax rate for all years, 20%. 8. The company is expected to operate profitably in the future. (a) Compute income taxes payable for 2025 . Income taxes payable \$