Delta has taxable income of $110 million for the year and its tax rate is 40%. Its tax return contains a tax credit of $10 million that it has determined is more likely than not sustainable based on its technical merits but that only $6 million is cumulatively greater than 50 percent likely to be realized. Delta treats the tax credit as a direct reduction in current income taxes payable. The journal entry to record Deltas taxes would include a debit to income tax expense for: (Explain calculation)

A)	$44 million.
B)	$40 million.
C)	$38 million.
D)	$34 million.