In Its First Interim Period, Deuce Had $500 of Income

Multiple Choice

In its first interim period, Deuce had $500 of income before taxes and an estimated annual tax rate of 40%.In its second interim, Deuce had $800 of income before taxes and its estimated annual tax rate changed to 30%.Deuce's tax expense for the second interim period was

A) $190
B) $240
C) $320
D) $390