During the first quarter of 20X5, Stahl Company had income before taxes of $200,000, and its effective income tax rate was 15 percent. Stahl’s 20X4 effective annual income tax rate was 30 percent, but Stahl expects its 20X5 effective annual income tax rate to be 25 percent. In its first-quarter interim income statement, what amount of income tax expense should Stahl report?

a. $0

b. $30,000

c. $50,000

d. $60,000