For the year ended December 31, 2018, Carla Co. reported pretax financial income of $279,624....
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For the year ended December 31, 2018, Carla Co. reported pretax financial income of $279,624. Its current tax payable was $33,941. Carla reported a difference between pretax financial statement income and taxable income. This difference is due to accelerated depreciation for income tax purposes. Carlas income tax rate is 25% and Carla made no estimated tax payments during 2018.
What amount did Carla report as taxable income for 2018?
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