In 2011, Bodily Corporation reported $240,000 pretax accounting income. The income tax rate for that year was 26%. Bodily had an unused $110,000 net operating loss carryforward from 2009 when the tax rate was 33%. Bodily's income tax payable for 2011 would be?
A. $ 34,900
B. $ 33,800
C. $ 62,400
D. $ 42,900