Alamo Inc. had $250 million in taxable income for the current year. Alamo also had a decrease in deferred tax assets of $33 million and an increase in deferred tax liabilities of $65 million. The company is subject to a tax rate of 32%. The total income tax expense for the year was:

Multiple Choice

$178 million.

$137 million.

$348 million.

$170 million.