Income tax return shows taxes currently payable for 2010 of $75,000. The company reported deferred tax assets of $30,000 at the end of 2009 and $20,000 at the end of 2010. Accord reported deferred tax liabilities of $40,000 at the end of 2010 and $50,000 at the end of 2010.Determine the amount of income tax expense reported by the company for 2010.