Ryan Co experiences a 20 million loss this year. It is more likely than not that this net operating loss will expire unused. How will this loss and corresponding valuation allowance, if any, effect Ryan's total income tax expense this year? Assume the corporate tax rate is 21% in all years. a. This loss will Have no net effect on rather income tax expense for the year. I. Any positive effect will be offset by any negative effect. b. This loss will increase Riley's income tax expense by 4.2 million this year. c. This loss will decrease Raley's income tax expense by 4.2 million this year