Ohio Corp. reported a deferred tax liability of $6,000,000 for the year ended December 31, 2016, when the tax rate was 40%. The deferred tax liability was related to a temporary difference of $15,000,000 caused by an installment sale in 2016. The temporary difference is expected to reverse in years 2017 through 2019 as $5,000,000 of installment income is expected to be recognized as taxable income in each of those years. There are no other temporary differences. A new tax law was passed in 2017 with the tax rate remaining 40% through December 31, 2017, then increase to 45% for tax years beginning after December 31, 2017. Taxable income for the year 2017 is $30,000,000. Income tax expense reported by Ohio on its year end December 31, 2017 income statement is: A) $12,000,000 B) $10,500,000 C) $10,000,000 D) $11,250,000