Question: For the current year ($ in millions), Centipede Corp. had $92 in pretax accounting income. This included warranty expense of $7 and $20 in depreciation

For the current year ($ in millions), Centipede Corp. had $92 in pretax accounting income. This included warranty expense of $7 and $20 in depreciation expense. 6 million of warranty costs In the absence of other temporary or permanent differences, what was Centipede's income tax payable currently, assuming a tax rate of 40 %? re incurred, and MACRS depreciation amounted to $43. Multiple Choice 28.0 Million 34.0 Million 25.2 Million 19.6 Million

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