Question: For the current year ($ in millions), Centipede Corp. had $94 in pretax accounting income. This included warranty expense of $9 and $29 in depreciation

For the current year ($ in millions), Centipede Corp. had $94

For the current year ($ in millions), Centipede Corp. had $94 in pretax accounting income. This included warranty expense of $9 and $29 in depreciation expense. 5 million of warranty costs were incurred, and MACRS depreciation amounted to $44. In the absence of other temporary or permanent differences, what was Centipede's income tax payable currently, assuming a tax rate of 40%? Multiple Choice 28.6 Million 29.6 Million Loooo 34.0 Million 33.2 Million

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