Eight independent situations are described below. Each involves future deductible amounts and/or future taxable amounts: ($ in millions) Temporary Differences Reported First on: The Income Statement The Tax Return Revenue Expense Revenue Expense 123456700 1. $38 2. $38 3. $38 4. $38 5. 33 38 6. 38 33 7. 33 38 28 8. 33 38 23 28 Required: For each situation, determine taxable income, assuming pretax accounting income is $280 million. (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Situations Taxable Income 1 2 3 4 5 6 7 8