Information for Hobson Corp. for the current year ($ in millions): $380 92 Income from continuing operations before tax Loss on discontinued operation (pretax) Temporary differences (all related to operating income): Accrued warranty expense in excess of expense included in operating income Depreciation deducted on tax return in excess of depreciation expense Permanent differences (all related to operating income): Nondeductible portion of entertainment expense 85 175 20 The applicable enacted tax rate for all periods is 25%. How should Hobson report tax on the discontinued operation? Multiple Choice A tax benefit of $23 million to net against the $92 million pretax loss. O A tax receivable of $23 million in the balance sheet. None of these answer choices are correct. A deferred tax asset of $23 million in the balance sheet