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The following information is ayailable for 5 arasota plc for 2022. 1. Excess of tax depreciation over book depreciation, 37,200 This 37,200 difference will reverse

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The following information is ayailable for 5 arasota plc for 2022. 1. Excess of tax depreciation over book depreciation, 37,200 This 37,200 difference will reverse equally over the years 20232026 2. Deferral, for book purposes, of f21,400 of rent received in advance. The rent will be recorded as revenue in 2023. 3. Pretax financlal income, 274,100. There are no deferred taxes at the beginning of 2022 . 4. Taxrate for allyears, 40%. (a) Compute taxable income for 2022 Taxable income

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