Cullumber Company has two temporary differences between its income tax expense and income taxes payable. The following information is available: 2025 2026 2027 Pretax financial income $224,000 $271,000 $363,000 Excess of depreciation expense on tax return (19,000) (15,000) (22,000) Excess of warranty expense in financial income 10,000 15,000 17,000 Taxable income $215,000 $271,000 $358,000 The income tax rate for all years is 20%.