Cold, inc.,reported a $100,000 total tax expense for financial statement purposes in year 1.this total expense consisted of $150,000 in current tax expense and a deferred tax benefit of $50,000.the deferred tax benefit consisted of $90,000 in deferred tax assets reduced by a valuation allowance of $40,000.in year 2,cold reports $600,000 in book net income before tax. cold records no other permanent or temporary book-tax differences. at the end of year 2, cold's auditors determine that the existing valuation allowance of $40,000 should be reduced to zero. what is cold's total tax expense for year 2?
a. $250,000
b. $126,000
c. $86,000
d. $40,000

Skathy lee berggren, a professor of oral communication at cornell university, indicates “a lot of my students re­ally [only] scratch the surface with the type of research they’re doing.” according to andy guess, at inside higher ed, “just because students walk in the door as ‘digital natives’, doesn’t mean they’re equipped to handle the heavy lifting of digital databases and proprietary search engines that comprise the bulk of modern, online re­search techniques.” students erroneously think a google search is research. as you read through the reasons that should stimulate your interest in studying research methods or evaluate the nine factors that guarantee good research, what actions do you propose to narrow the gap between students’ research competence and what’s required of a modern college graduate about to become a manage