Ramirez Corporation Is Subject to Tax Only in State
A

Ramirez Corporation is subject to tax only in State
A. Ramirez generated the following income and deductions. $\begin{array}{ll}\text { Federal taxable income } & \$ 500,000 \\\text { State A income tax expense } & 45,000 \\\text { Depreciation allowed for Federal tax puposes } & 300,000 \\\text { Depreciation allowed for state tax purposes } & 250,000\end{array}$ Federal taxable income is the starting point in computing A taxable income.State income taxes are not deductible for A tax purposes.Ramirez's A taxable income is:

A) $495,000.
B) $500,000.
C) $545,000.
D) $595,000.