Before considering a net operating loss carryforward of $71 million, Fama Corporation reported $130 million of pretax accounting and taxable income in the current year. The income tax rate for all previous years was 38%. On January 1 of the current year, a new tax law was enacted, reducing the rate to 30% effective immediately. Fama's income tax payable for the current year would be: (Round your answer to the nearest whole million.)