Dix, inc., a calendar-year corporation, reported the following operating income (loss) before income tax for its first three years of operations: year 1: $100,000year 2: ($200,000)year 3: $400,000there are no permanent or temporary differences between operating income (loss) for financial and income tax reporting purposes. when filing its year 2 tax return, dix did not elect to forego the carryback of its loss for year 2. assume a 40% tax rate for all years. what amount should dix report as its income tax liability at december 31, year 3? a. $160,000b. $120,000c. $80,000d. $60,000