ABC Limited adopted tax effect accounting during the current financial period. When estimating the balance date adjustments at the end of the financial period the following information was determined: Current tax liability is increased by $10 000; Deferred tax liability is increased by $20 000; Deferred tax asset is increased by $15 000. The amount that this company will recognise as current period total Income tax expense is

a.

$25 000

b.

$15 000

c.

$10 000

d.

$7 000