In $2020,$ Mays Industries taxable income was $-$ $$71,000.$ In $2021,$ its taxable income was $$150,000.$

Its corporate tax rate is $25\%.$ Assume that the company takes full advantage of the Tax Code's carry$-$forward provision. What is the company's tax liability for $2021?$

a$.$ $$17,750$

b$.$ $$55,250$

c$.$ $$37,500$

d$.$ $$0$

e$.$ $$19,750$