At December 31, 2012, Percheron Inc. had a deferred tax asset of $30,000. At December 31, 2013,

Question:

At December 31, 2012, Percheron Inc. had a deferred tax asset of $30,000. At December 31, 2013, the deferred tax asset is $59,000. The corporation’s 2013 current tax expense is $61,000. What amount should Percheron report as total 2013 income tax expense?