Question: For the current year ($ in millions), Centipede Corp. had $94 in pretax accounting income. This included warranty expense of $10 and $27 in depreciation

For the current year ($ in millions), Centipede Corp. had $94 in pretax accounting income. This included warranty expense of $10 and $27 in depreciation expense. 9 million of warranty costs were incurred, and MACRS depreciation amounted to $42. In the absence of other temporary or permanent differences, what was Centipede's income tax payable currently, assuming a tax rate of 40%?

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