Toro Inc. received permission from the IRS to change its taxable year from a fiscal year ending July 31 to a calendar year. Consequently, Toro filed a short period return for the five-month period from August 1 through December 31. The taxable income reported on the return was $65,000. Use the corporate tax rates on the front cover of the text to compute Toro's tax on this income (to the nearest dollar). a. $11,250 b. $18,371 c. $25,350 d. $44,090