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Belen Corp. had $ 2 2 0 million in taxable income for the current year. Belen also had a decrease in deferred tax assets of

Belen Corp. had $220 million in taxable income for the current year. Belen also had a decrease in deferred tax assets of $24 million and an increase in deferred tax liabilities of $50 million. The company is subject to a tax rate of 25%. The total income tax expense for the year was:
Multiple Choice
$143 million.
$119 million.
$294 million.
$129 million.
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