Help Save & Exit Sub In March of the current year, Mooney Company estimated its year-end executive bonuses to be $1,180,000. The executive bonus paid in the previous year was $1,040,000. What amount of bonus expense, if any, should Mooney recognize in determining net income for the first quarter of the current calendar year? Multiple Choice O $0. O $260,000 O $295,000 O $1180,000