TB MC Qu. 4-41 (Algo) Freda's Florist reported the following before-tax income statement...

Freda's Florist reported the following before-tax income statement items for the year ended December 31, 2021:

Operating income	$	267,000
Income on discontinued operations		60,000

All income statement items are subject to a 25% income tax rate. In its 2021 income statement, Freda's separately stated income tax expense and total income tax expense would be:

Multiple Choice

• $81,750 and $81,750, respectively.

• $81,750 and $131,750, respectively.

• $81,750 and $66,750, respectively.

• $66,750 and $81,750, respectively.