For the Current Year, the Beech Corporation Has Net Income

For the current year, the Beech Corporation has net income on its books of $60,000, including the following items: Federal tax depreciation exceeds the depreciation deducted on the books by $5,000. What is the corporation's taxable income?

A) $66,000
B) $90,000
C) $95,000
D) $103,000
E) None of the above