Permanent and temporary differences are correct. Please find taxable income and income taxes payable with workings.

For the year ended December 31, 2023, Sunland Ltd. reported income before income taxes of $185,300. Prior to 2023 taxable income and accounting income was the same each year. In 2023, Sunland Ltd. paid $115,200 for advertising; of this amount, $38,400 was expensed in 2023 . The remaining $76,800 was treated as a prepaid expense for accounting purposes and would be expensed equally over the 2024-2025 period. The full $115,200 was deductible for tax purposes in 2023. The company paid $29,200 in 2023 for membership in a local golf club (which was not deductible for tax purposes). In 2023 Sunland Ltd. began offering a 1-year warranty on all merchandise sold. Warranty expenses for 2023 were $23,700, of which $19,200 was actual repairs for 2023 and the remaining $4,500 was estimated repairs to be completed in 2024. Meal and entertainment expenses totalled $37,200 in 2023 , only half of which were deductible for income tax purposes. Depreciation expense for 2023 was $101,900. Capital Cost Allowance (CCA) claimed for the year was $131,300. Depreciation and CCA relate to an asset that was purchased on January 1,2023 for $509,500. Sunland was subject to a 25% income tax rate for 2023 . Sunland follows IFRS. Permanent differences Temporary differences Calculate taxable income and the amount of current income taxes expense for 2023. Taxable income $ Income taxes payable $