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The following information is available for Shamrock Inc. for 2019: 1. 2. Excess of tax depreciation over book depreciation, $82,000. This $82,000 difference will

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The following information is available for Shamrock Inc. for 2019: 1. 2. Excess of tax depreciation over book depreciation, $82,000. This $82,000 difference will reverse equally over the next 4 years. Deferral, for book purposes, of $24,900 of subscription income received in advance. The subscription income will be earned in 2020. 3. Pretax financial income, $171,500. 4. Tax rate for all years, 20%. (a) Compute taxable income for 2019. Taxable income

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