For the year ended December 31, Year 3, Grim Co.'s pretax financial statement income was $ 200,000 and its taxable income was $150,000. The difference is due to the following:

Interest on municipal bonds $ 70,000

Premium expense on keyman life insurance -20,000

Total $50,000

Grim's enacted income tax rate is 30%. In its Year 3 income statement, what amount should Grim report as current provision for income tax expense?

a. 45,000

b. 51,000

c. 60,000

d. 66,000