Chicago Company,a Calendar-Year Corporation,had the Following Actual Income Before Income

Multiple Choice

Chicago Company,a calendar-year corporation,had the following actual income before income tax expense and estimated effective annual income tax rates for the first three quarters in 20X2:

Chicago's income tax expense in its interim income statement for the third quarter should be:

A) $36,000
B) $41,000
C) $42,400
D) $84,000