Marsh Development began operations in December 2023. When property is sold on an installment basis, Marsh recognizes instaliment income for financial reporting purposes in the year of the sale. For thx purposes, Installment income is reported by the installment me thiod. 2023 installment income was $250,000 and will be collected over the next three years: 2024, $80,000;2025,$100,000;2026,$70,000. Marsh also had product warranty costs of $50,000 expensed for financial reporting purposes in 2023 . For tax purposes, only the $10,000 of warranty costs actually paid in 2023 was deducted. The remaining $40,000 will be deducted for tax purposes when paid over the next three years as follows: 2024,$10,000;2025,$14,000;2026,$16,000. Pretax accounting income for 2023 was $720,000, which includes interest revenue of $20,000 from municipal governmental bonds, The enacted tax rate is 25% for all years. The amount of Marsh's 2023 taxable income would be: 3510,000 5700000 $490,000 $910.000