ABC Corporation, a calendar-year C corporation, reported pre-tax book income in 2023 of $1,000,000. During 2023, ABC Corporations reserve for bad debts decreased by $100,000. In addition, book depreciation expense exceeded tax depreciation expense by $200,000, and the company received $250,000 of tax-exempt life insurance proceeds from the death of one of its officers. What is ABC Corporations current federal income tax expense in 2023?

a.$136,500

b.$178,500

c.$850,000

d.$650,000

e.$231,000