Exercise $16-11($Algo$)$ Determine taxable income $[$LO$16-2,16-3]$

Eight independent situations are described below. Each involves future deductible amounts and$/$or future taxable amounts:

Required:

For each situation, determine taxable income, assuming pretax accounting income is $$160$ million.

Note: Enter your answers in millions $($i$.$e$.,10,000,000$ should be entered as $10).$