Eight independent situations are described below. Each involves future deductible amounts and/or future taxable amounts: ($ in millions) Temporary Differences Reported First on: The Income Statement Revenue Expense The Tax Return Revenue Expense 1. $ 21 2. $21 3. $ 21 4. $ 21 5. 16 6. 7. 16 2222 21 21 16 21 11 8. 16 21 6 11 Required: For each situation, determine taxable income, assuming pretax accounting income is $110 million. Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10). Situations Taxable Income 1 2 3 4 5 6 7 8 13