In $2023$ Acme Company in its fifth year of operations reported Financial Statement Net Income of $$300,000$ and tax return net income of $$215,000.$ The difference between book and tax is due to the following: On its financial statement, it reported $$20,000$ of depreciation expense and $$100,000$ in depreciation expense on the tax return, and the company reported non$-$taxable municipal bond income of $$5000.$ Based upon a review of the book depreciation schedule and the tax deprecation schedule, it is determined that the company has taken $$115,000$ more in tax depreciation than book depreciation $($cumulative$)$ through the end of $2023,$ and that amount will reverse in subsequent years. In addition, cumulative through the end of $2023,$ the company had recognized $$15,000$ more in revenue on its tax return than on its financial statement. At the beginning of the year $2023,$ the company had a $$7000$ balance in its deferred tax liability account, and $$3000$ in its deferred tax asset account. What is the company's tax expense in $2023?$ The tax rate for all years is $20\%.(4$ pts$.)$