Angel Corporation reported pretax book income of $1,034,000. During the current year, the net reserve for warranties increased by $30,100. In addition, tax depreciation exceeded book depreciation by $108,500. Finally, Angel subtracted a dividends received deduction of $31,800 in computing its current year taxable income. Angel's hypothetical tax expense in its reconciliation of its income tax expense is:

Multiple Choice

• $217,140.
• $210,819.
• $200,676.
• $194,355.