ABC Corp operates in the city and would besubjected to the following taxes:

i. Federal corp income tax-surtax 26% and normal tax 22%

ii. State Franchise tax-72%

If income before taxes for 2018 was $370,000 per the federal tax return (after establishing estimate), assuming the rates as noted above, the tax liabilities that should be set up are Federal and State,

A, $180,000; $25,000 B.$177,600; $29,700 C. $165,500;$20,000 D. $171,000; $30,000