The following information is available for Sweet Inc. for 2024: 1. Excess of tax depreciation over book depreciation, $73,600. This $73,600 difference will reverse equally over the next 4 years. 2. 3. 4. (a) Deferral, for book purposes, of $25,200 of subscription income received in advance. The subscription income will be earned in 2025. Pretax financial income, $190,100. Tax rate for all years, 20%. Compute taxable income for 2024. Taxable income $

The following information is available for Sweet Inc. for 2024: 1. Excess of tax depreciation over book depreciation, $73,600. This $73,600 difference will reverse equally over the next 4 years. 2. Deferral, for book purposes, of $25,200 of subscription income received in advance. The subscription income will be earned in 2025. 3. Pretax financial income, $190,100. 4. Tax rate for all years, 20%. (a) Compute taxable income for 2024. Taxable income