Mays Industries was established in 2009. Since its inception, the company has generated the following levels of taxable income (EBT): Year Taxable Income 2009 $ 50,000 2010 $ 40,000 2011 $ 30,000 2012 $ 20,000 2013 -$100,000 2014 $ 60,000 Assume that each year the company has faced a 40% income tax rate. Also, assume that the company has taken full advantage of the Tax Code's carry-back, carry- forward provisions, and assume that the current provisions were applicable in 2008. What is the company's tax liability for 2014? Select one: O a. $4.000 O b. $4,631 c. $4,410 O d. $4,200 e. $4.862