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

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Accounting

The following information is available for Sunland Corporation for 2023.
CCA that was reported on the 2023 tax return exceeded depreciation reported on the income statement by $179,200. This
difference is expected to reverse in equal amounts of $44,800 per year over the period 2024 to 2027.
Dividends recelved from taxable Canadian corporations were $25,760.
Rent collected in advance on January 1,2023, totalled $100,800 for a three-year period. Of this amount, $67,200 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 $224,000 for 2023.
(a)
Calculate taxable income for 2023.
Taxable income $
(b)
Calculate accounting income for 2023.
Accounting income for 2023$
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