MobeCo. reported the following operating income (loss) for its first three years of operations:

Year 1 $ 300,000

Year 2 (700,000)

Year 3 1,200,000

For each year, there were no deferred income taxes (before Year 1), and Mobe's effective income tax rate was 21%. In its Year 3 income statement, what amount should Mobereport as total income tax expense?

a.

$105,000

b.

$168,000

c.

$84,000

d.

$252,000