Benton Company has taken a deduction of $400 on its tax return, resulting in a tax reduction of $100. The tax law is unclear whether this deduction is allowable. Benton believes that there is a 70% chance the deduction will be upheld in court. If the position is settled in negotiations, there is a 10% chance of sustaining the full amount of $100, a 30% chance of sustaining $80, a 40% chance of sustaining $60, and a 20% chance of sustaining $30. The amount that Benton may include as a reduction to income tax expense on the income statement is

Group of answer choices

$24

$100

$60

$80

$64

$70