In its first four years of operations Peridot Jewelers reported the following operating income (loss) amounts:

2013	$150,000
2014	100,000
2015	(425,000)
2016	450,000

There were no other deferred income taxes in any year. In 2015, Peridot elected to carryback its operating loss. The enacted income tax rate was 40%. In its 2016 income statement, what amount should Peridot report as current income tax payable?

a. $170,000.

b. $180,000.

c. $80,000.

d. $110,000.