The following information relates to Ry Limited for the year ended 30 June 2010.

Accounting profit before income tax (after all expenses have been included)	300,000
Grant income (not taxable)	12,000
Depreciation of plant (accounting)	50,000
Depreciation of plant (tax)	20,000
Annual leave expense (not a tax deduction until leave is paid)	60,000
Annual leave paid during the year	50,000

On the basis of this information the taxable profit for Ry Ltd for the year ended 30 June 2010 is:

Group of answer choices

$328 000

$268 000

$308 000

$352 000