The audit team is preparing an expectation of income tax expense. Last year's audited income tax expense was $42,000 on taxable income of $200,000. The income tax rate increased by 7% for the current unaudited year. The current year's expected income before taxes is $190,000. What is the audit team's expectation for tax expense in the current unaudited year? 1) 56,000 2) 44,940 3) 53,200 4) 39,900