The following information is available for Ayayai Corporation for 2020. CCA that was reported on the 2020 tax return exceeded depreciation reported on the income statement by $118,400. This difference is expected to reverse in equal amounts of $29,600 per year over the period 2021 to 2024 Dividends received from taxable Canadian corporations were $17.020. Rent collected in advance on January 1, 2020 totalled $66.600 for a three-year period. Of this amount, $44,400 was reported as unearned for book purposes at December 31, 2020. The tax rates are 25% for 2020 and 30% for 2021 and subsequent years. Income taxes payable are $148,000 for 2020. Calculate taxable income.