Information Relating to Gordon Corporation for Year 1 and Year

Information relating to Gordon Corporation for Year 1 and Year 2 is as follows:
(CMA adapted, Jun 86 #7) Refer to the Gordon Corporation example.The amount of current income tax expense that would have been reported on Gordon Corporation's Income Statement for the year ended December 31, Year 1 is

A) $1,928,000
B) $1,960,000
C) $1,980,000
D) $1,992,000
E) $2,000,000