9:53 Take Quiz Exit 20. For the year ended December 31, 2016, the Bowling Green Company reported income of $350,000 before provision for income tax. In arriving at taxable income for income tax purposes. the following differences were identified: Bad debt expense (but not written off) $ 8.000 Depreciation deducted for tax purposes in excess of depreciation for accounting purposes $50,000 Income for installment sales reportable for income tax purposes in excess of income reported for financial reporting purposes $30,000 Assuming a corporate income tax rate of 30%. Huntsville's current income tax liability as of December 31, 2016, is O a $ 83,400 b. $101.400 O $113.400 Od. $129.000