Moore Company Reported the Following Operating Results During Its First $\quad$

Multiple Choice

Moore Company reported the following operating results during its first three years of operations: 2016 Pretax operating loss $\quad$ $ (40,000)
2017 Pretax operating loss $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $(200,000)
2018 Pretax operating income $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $ 300,000
No permanent or temporary differences occurred during these fiscal periods. Assuming an income tax rate of 35%, what is the amount of current income tax liability that Moore should report as of December 31, 2018?

A) $0
B) $21,000
C) $84,000
D) $91,000