In Year 10, the Perasso Meat Packing Company changed the depreciation method used from the straight-line method to an accelerated method. Depreciation recorded in prior years on existing equipment was $126,000 applying the straight-line method. Depreciation in prior years would have been $186,000 if the accelerated method had been used. Assuming an income tax rate of 20%, Perasso's increase in Year 10's beginning retained earnings would be: A. $80,000 B. $48,000 C. $32,000 D. $0