The following information is available for Marin Corporation for 2019 (its first year of operations).

1.		Excess of tax depreciation over book depreciation, $39,600. This $39,600 difference will reverse equally over the years 20202023.
2.		Deferral, for book purposes, of $21,900 of rent received in advance. The rent will be recognized in 2020.
3.		Pretax financial income, $271,300.
4.		Tax rate for all years, 20%.

(a) Compute taxable income for 2019. Taxable income