Freda's Florist reported the following before-tax income statement items for the year ended December 31, 2011:
Operating income ....... $250,000
Extraordinary gain ...... $70,000
All income statement items are subject to a 40% income tax rate. In its 2011 income statement, Freda's separately stated income tax expense and total income tax expense would be
A. $128,000 and $128,000, respectively.
B. $100,000 and $100,000, respectively.
C. $100,000 and $128,000, respectively.
D. $128,000 and $100,000, respectively.