The following information pertains to Ling, Inc. for the current year. Taxable income $40,000 Actual warranty costs related to the previous year's sales $54,000 Pollution fines paid $12,000 Excess of tax depreciation over book depreciation $29,000 What is Ling company's pretax financial income for the current year? $111.000 O $123,000 O ($31.000) O $71.000