The following information is available for Oriole Corporation for 2019 (its first year of operations). 1. Excess of tax depreciation over book depreciation, $42,400. This $42,400 difference will reverse equally over the years 20202023. 2. Deferral, for book purposes, of $20,300 of rent received in advance. The rent will be recognized in 2020 . 3. Pretax financial income, $272,300. 4. Tax rate for all years, 20%. (a) X Your answer is incorrect. Compute taxable income for 2019