Case Development began operations in December 2021. When property is sold on an installment basis, Case recognizes installment income for financial reporting purposes in the year of the sale. For tax purposes, installment income is reported by the installment method. 2021 installment income was $870,000 and will be collected over the next three years. Scheduled collections and enacted tax rates for 2022-2024 are as follows: 2022 2023 2024 $290,000 20% 320,000 25 260,000 25 Case also had product warranty costs of $335,000 expensed for financial reporting purposes in 2021. For tax purposes, only the $80,000 of warranty costs actually paid in 2021 was deducted. The remaining $255,000 will be deducted for tax purposes when paid over the next three years as follows: 2022 $95,000 2023 84,000 2024 76,000 Pretax accounting income for 2021 was $1005 000 which Case Development began operations in December 2021. When property is sold on an installment basis, Case recognizes installment income for financial reporting purposes in the year of the sale. For tax purposes, installment income is reported by the installment method. 2021 installment income was $870,000 and will be collected over the next three years. Scheduled collections and enacted tax rates for 2022-2024 are as follows: 2022 2023 2024 $290,000 20% 320,000 25 260,000 25 Case also had product warranty costs of $335,000 expensed for financial reporting purposes in 2021. For tax purposes, only the $80,000 of warranty costs actually paid in 2021 was deducted. The remaining $255,000 will be deducted for tax purposes when paid over the next three years as follows: 2022 $95,000 2023 84,000 2024 76,000 Pretax accounting income for 2021 was $1005 000 which