25.3 A company has chargeable profits of £240,000 for the year to 31 March 2010. Payments made net of income tax and income received net of income tax during the year were as follows (amounts are stated net):

Payments Income

£ £

30 June 2009 Patent royalties received 28,800 17 August 2009 Debenture interest paid 36,000 1 January 2010 Patent royalties received 28,800 Compute the corporation tax payable on 1 January 2011, assuming FII of £nil.