5.

Budget Inc. had $400 million in taxable income for the current year. Budget also had a decrease in deferred tax assets of $30 million and an increase in deferred tax liabilities of $70 million. The company is subject to a tax rate of 40%. The total income tax expense for the year was:

A.	$390 million.

B.	$210 million.

C.	$250 million.

D.	$260 million.