Exercise 19-8 Nash Company has the following two temporary differences between its income tax expense and income taxes payable. 2017 2018 2019 Pretax financial income Excess depreciation expense on tax return Excess warranty expense in financial income Taxable income $820,000 $927,000 $912,000 (28,700 (42,000) (9,700) 7,800 $811,400 $895,400 $910,100 20,100 10,400 The income tax rate for all years is 40%