As of December 1, 2022, April Access has a deferred tax asset of $250,000 and a deferred tax liability of $375,000, both of which were established when the tax rate was 25%. During December of 2022, April learned that the tax rate applicable to future periods has increased to 40%. April's tax payable for 2022 is $100,000. Assuming no other changes in deferred tax assets or liabilities, April's tax expense for 2022 is: Multiple Choice $100,000 $125,000 140,000 $175,000