As of January 1, 2021, Veridian Dynamics had a deferred tax asset of $150,000. On December 31, 2021, Veridian Dynamics determines that $20,000 of the deferred tax asset has been used during the year, i.e., that the DTA value on 12/31 equals $130,000. The companys current income tax expense for 2021 equals $75,000.

What amount should Veridian Dynamics report as total income tax expense for 2021 (i.e., the net of current income tax expense and deferred income tax expense)?