96. Haag Corp.'s 2011 income statement showed pretax accounting income of $750,000. To compute the federal income tax liability, the following 2011 data are provided: Income from exempt municipal bonds $ 30,000 Depreciation deducted for tax purposes in excess of depreciation deducted for financial statement purposes 60,000 Estimated federal income tax payments made 150,000 Enacted corporate income tax rate 30% What amount of current federal income tax liability should be included in Hagg's December 31, 2011 balance sheet? a. $48,000 b. $66,000 c. $75,000 d. $198,000