The following facts relate to Whispering Corporation. 1. Deferred tax liability, January 1, 2020, $45,600. 2. Deferred tax asset, January 1, 2020, $0. 3. Taxable income for 2020, $108,300. 4. Pretax financial income for 2020, $114,000. 5. 6. 7. 8. Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $273,600. Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $39,900 Tax rate for all years, 20% in the future. The company is expected to operate profitably in the future (a) Compute income taxes payable for 2020. Income taxes payable) $ (a) Compute income taxes payable for 2020. Income taxes payable $