Company has the following account balances as of 12/31/Year1 and 12/31/Year 2. ACCOUNT 12/31/Year 1 GAAP 100,000 12/31/Year 1 TAX 80,000 12/31/Year 2 GAAP 90,000 12/31/Year 2 TAX 60,000 Depreciable assets (net)* Warranty Liability 15,000 0 10,000 *Book value: Cost less accumulated depreciation OTHER INFORMATION 1. Company has taxable income of $500,000 for both years 1 and 2 and a 20% income tax rate. Company's legal income tax liability is $100,000 for both Year 1 and Year 2 ($500,000 x 20%). 2. The only temporary differences Company has between GAAP and income tax are the two differences implied by the above table. 3. Company began Year 1 with no deferred tax assets or deferred tax liabilities. Year 2 income tax expense is: Multiple Choice 103,000 97,000 None of these choices are correct. 101,000 o 99.000 99,000