ABC Corp. had $$65$ million in pretax accounting income this year. This included estimated warranty expense of $$7$ million, which is not deductible for tax purposes. Instead, ABC may deduct $$5$ million of actual warranty costs on its tax return. There were no other temporary or permanent book$-$tax differences. What is ABC$$s taxable income for the year?

Group of answer choices

$$67$ million

$$70$ million

$$60$ million

$$72$ million