The following information applies to the operations of MK Inc. for 2018 and 2019.Assume a tax rate of 25% for both years. 2018 information: Sales on account in the amount of $675,000 Warranty expense and associated liability in the amount of $135,000 No other expenses incurred. 2019 information: Sales on account in the amount of $215,000 Warranty repairs made in the amount of $60,000 No expenses incurred. What is MK's income tax payable for 2018?