Question 5 Freda's Florist reported the following before-tax income statement items for the year ended December 31, 2009: Year 2007 2008 2009 FIFO $120,000 140,000 150,000 Average Cost $110,000 128,000 144,000 Difference $10,000 12,000 6,000 All income statement items are subject to a 40% income tax rate. In its 2009 income statement, Freda's separately stated income tax expense and total income tax expense would be: a) $128,000 and $128,000, respectively. b) $128,000 and $100,000, respectively. c) $100,000 and $128,000, respectively. d) $100,000 and $100,000, respectively