REFERENCE: Ref.08_09 Provo,Inc.has an Estimated Annual Tax Rate of 35 Percent in Percent

REFERENCE: Ref.08_09
Provo,Inc.has an estimated annual tax rate of 35 percent in the first quarter of 2009.Pretax income for the first quarter was $300,000.At the end of the second quarter of 2009,Provo expects the annual tax rate to be 32 percent because of anticipated tax credits.Pretax income for the second quarter was $350,000.Assume no items in either quarter requiring the net-of-tax presentation.
-How much income tax expense is recognized in the second quarter of 2009?

A) $103,000.
B) $104,000.
C) $112,000.
D) $122,500.
E) $208,000.