Joplin Laminating Corporation reported income before income taxes during the first three quarters and managements estimates of the annual effective tax rate at the end of each quarter as shown below: Quarter First Second Third Income before income taxes $ 64,000 $ 54,000 $ 114,000 Estimated annual effective tax rate 36 % 34 % 40 % Required: Determine the income tax expense to be reported in the income statement in each of the three quarterly reports.