High Tech Inc. reported earnings before income taxes of $2,8…

High Tech Inc. reported earnings before income taxes of $2,800,000 in 2023. The tax rate for this year is 35%. Item Amt. a. Golf club dues  $ 36,000 b. Depreciation expense      72,000 c. Development costs incurred during year; capitalized for accounting purposes   340,000 d. Warranty costs accrued during year      64,000 e. Interest and penalty for late payment payroll taxes      22,000 f. CCA   380,000 g. Amortization of capitalized development costs      44,000 Required:  a) Calculate the Taxable Incomeb) Calculate the Income Tax payable