For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows:

Pretax accounting income	$	200,000
Permanent difference		(15,000	)
		185,000
Temporary difference-depreciation		(20,000	)
Taxable income	$	165,000

Tringali's tax rate is 25%. Assume that no estimated taxes have been paid.

What should Tringali report as its income tax expense for its first year of operations?

Group of answer choices

a. 46,250

b. None of these amounts.

c. $41,250

d. $50,000