Enterprise, Inc., had $300 million in taxable income for the current year. Enterprise also had a decrease

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Question:

Enterprise, Inc., had $300 million in taxable income for the current year. Enterprise also had a decrease in deferred tax assets of $30 million and an increase in deferred tax liabilities of $60 million. The company is subject to a tax rate of 40%. The total income tax expense for the year was

A. $150 million.

B. $180 million.

C. $ 390 million.

D. $210 million.