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Carla Vista Corporation has one temporary difference at the end of 2025 that will reverse...

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Accounting

Carla Vista Corporation has one temporary difference at the end of 2025 that will reverse and cause taxable amounts of $53,100 in 2026,$57,800 in 2027, and $63,100 in 2028. Carla Vista's pretax financial income for 2025 is $312,000, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2025.
(a)
Compute taxable income and income taxes payable for 2025.
Taxable income
$
Income taxes payable
$
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