In its December 31, 2018, balance sheet, Spring Co. had income taxes payable of 25,000 and a deferred tax asset of $8,000 before determining the need for a valuation account. Spring had reported a deferred tax asset of $11,000 at December 31, 2017. No estimated tax payments were made during 2018, At December 31, 2018, Spring determined that it was more likely than not that 25% of the deferred tax asset would not be realized. In its 2018 income statement, what amount should Spring report as total income tax expense? O $22,000. O $25,000 O $28.00. $30,000