Packer Corporation's year 8 income statement reported $130,000 in income before provisions for income taxes. To compute the provision for federal income taxes, the following year 8 data are provided: Rent received in advance Income from exempt municipal bonds Depreciation deducted for income tax purposes Depreciation deducted for financial reporting, $22,000 $17,000 $18,000 $10,000 What amount should Packer report as taxable income? Select one: O a. 130,000 b. 127,000 O c. 125,000 d. 117,000