Mock Corporation converts to S corporation status after the end of its calendar 2018 tax year. Mock used the LIFO inventory method and had a LIFO inventory of $435,000 (FIFO value of $950,000) on the date of the S election. How much tax must be added to Mocks 2018 corporate tax liability, assuming that Mock is subject to a 21% tax rate.

a. $0

b. $10,063

c. $27,038

d. $45,063

e. $180,250