Wildhorse Corporation recorded warranty accruals as at December 31,2023 , in the amount of $156,500. This reversing difference will cause deductible amounts of $50,300 in 2024,$40,500 in 2025 , and $65,700 in 2026 . No other reversing difference exists. Wildhorse's accounting income is $163,000 in each of 2024 and 2025 and the tax rate is 25% for all years. The warranty expenditures occurred as expected. There are no deferred tax accounts at the beginning of 2023. Calculate taxable income and income tax payable for 2024 and 2025