The following facts relate to Sheffield Corporation.

1.		Deferred tax liability, January 1, 2020, $ 35,100.
2.		Deferred tax asset, January 1, 2020, $ 11,700.
3.		Taxable income for 2020, $ 122,850.
4.		Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $ 269,100.
5.		Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $ 111,150.
6.		Tax rate for all years, 20%. No permanent differences exist.
7.		The company is expected to operate profitably in the future.

(a)

Compute the amount of pretax financial income for 2020.

Pretax financial income

$