28. Munoz Corp.'s books showed pretax financial income of $3,600,.000 for the year ended December 31, 2018. In the computation of federal income taxes, the following data were considered: Gain on an involuntary conversion S1,560,000 Munoz has elected to replace the property within the statutory period using total proceeds.) Depreciation deducted for tax purposes in excess of depreciation deducted for book purposes Federal estimated tax payments, 2018 Enacted federal tax rate, 2018 What amount should Munoz report as its current federal income tax liability on its December 31,2018 balance sheet? A) $240,000 B) $312,000 C) $540,000 D) $612,000 240,000 300,000 30%