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The following information is available for Sandhill Corporation for 2023. CCA that was...

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Accounting

The following information is available for Sandhill Corporation for 2023.
CCA that was reported on the 2023 tax return exceeded depreciation reported on the income statement by $185,600. This
difference is expected to reverse in equal amounts of $46,400 per year over the period 2024 to 2027.
Dividends received from taxable Canadian corporations were $26,680.
Rent collected in advance on January 1,2023, totalled $104,400 for a three-year period. Of this amount, $69,600 was
reported as unearned for book purposes at December 31,2023.
The tax rates are 25% for 2023 and 30% for 2024 and subsequent years.
Income taxes payable are $232,000 for 2023.
x Your answer is incorrect.
Calculate taxable income for 2023. Calculate accounting income for 2023.
Accounting income for 2023 $
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