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.