The following facts relate to Sage Corporation.
1. Deferred taxliability, January 1,2020, $44.400.
2. Deferred tax asset, January 1,2020,$0.
3. Taxable income for 2020,$105,450.
4. Pretax financial income for 2020.$111.000.
5. Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $266,400.
6. Cumulative temporary difference at December 31,2020 , giving rise to future deductible amounts. $38.850.
7. Taxrate for all years. 20%.
8. The company is expected to operate profitably in the future. Compute income taxes payable for 2020 .Income taxes payable $ ____________