Tanzier Trading earned municipal bond interest of $50,000 during 2021. Tanzier pays tax at a rate of $25%. Which of the following is true? Select one: a. Tanziers tax expense will not be affected by the muni-bond interest b. Tanzier will recognize a deferred tax asset of $12,500 c. Tanzier will recognize tax payable of $12,500 d. Tanziers taxable income will be $50,000 higher than its accounting income