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    Income Tax Expense

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    Tyler Company made the following journal entry in late 2008 for rent on property it leases to Danford Corporation.
    Cash 60,000
    Unearned Rent 60,000
    The payment represents rent for the years 2009 and 2010, the period covered by the lease. Tyler Company is a cash basis taxpayer. Tyler has income tax payable of $92,000 at the end of 2008, and its tax rate is 35%.

    Assuming the taxes payable at the end of 2009 is $102,000, what amount of income tax expense would Tyler Company record for 2009?

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