How would I determine Income tax Expense. Rate is 34%

The different transactions that occurred were:
1. Sales revenues of $300,000, of which $200,000 was on credit; cost, provided by perpetual inventory record, $172,500. Hint: when perpetual system is used, two entries are made to record a sale – first, debit cash and/or accounts receivable and credit sales revenue; second debit cost of goods sold and credit inventory.
2. Collected $172,500 on account receivable
3. Purchased merchandise, $327,500, of which $237,500 was on credit.
4. Paid accounts payable $178,300
5. Paid operating expenses $35,930
6. Paid wages $72,500. At year end wages payable total 17,300.

And the numerous items are as follows.


Cash 150,000
Accounts Receivable 25,000
Allowance for doubtful accounts 1,250
Inventory (perpetual inventory system)* 65,000
Prepaid insurance (15 months remaining) 6,000
Property, Plant and Equipment (PP&E) 100,000
Accumulated Depreciation on PPE 75,000
Accounts Payable 38,500
Wages Payable 13,500
Common Stock, par $1
Retained Earnings 82,750

Total=
345,000

You need to do an Income statement to get Income from Operations, then take that amount * your Income tax rate to get your Income Tax Expense.