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

Pretax accounting income	$	230,000
Permanent difference		(15,400	)
		214,600
Temporary difference-depreciation		(20,400	)
Taxable income	$	194,200

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?