The records of Pine Co. show the following data for 2019: -Gross profit on installment sales reported for financial statement purposes exceeded the amount reported for tax purposes by $18,000 -Nondeductible life insurance premiums on corporate officers was $3,800. -Depreciation reported for tax purposes was $6,400 greater than that reported on the income statement -Tox exempt interest revenue amounted to $9.000, - Estimated warranty expenses for 2018 exceeded actual repair expenditures by $4.500 -Pretax financial income is $150,000. The tax rate is 30%, REQUIRED: Prepare a schedule starting with pretax financial income and compute 2019 taxable income