apter 16 Saved Help Save & Exit Check Differences between pretax accounting income and taxable income were as follows during 2021 ($ in millions) Pretax accounting income $ 400 Permanent difference (34) 366 Temporary difference (26) Taxable income $ 340 The cumulative temporary difference as of the end of 2021 is $80 million (also the future taxable amount). The enacted tax rate is 25% What is the deferred tax asset or liability to be reported in the balance sheet? (Enter your answer in millions (i... 10,000,000 should be entered as 10).) million o E o search