William Corporation, which has a fiscal year ending January 31, had the following pretax accounting income and estimated income tax rates for the first three quarters of the year ended January 31, 20X8 effective annual Estimated Effective Annual Income Tax Rate at End of Quarter 35% 35% 40% Pretax ing Inc 01 02 03 $100,000 110,000 98,000 Willam's income tax expense in its interim income statement for the third quarter are Multiple Choice $120,000