Rocky Co, reported $200,000 in income before income taxes for 2017. Rocky's 2017 book depreciation exceeded its tax depreciation by $35,000 due to partial reversal of accelerated depreciation in a pervious year. Rocky also accrued $8,000 of estimated warranty expenses on 12/31/17. Rocky's tax rate for 2017 (and pervious years) was 30%, and the enacted rate for years after 2017 is 25%. In its 2017 income statement, what amount of should Rocky report for Income Tax Expense? (provide process)