For the current year ($ in millions), Centipede Corp. had $92 in pretax accounting income. This included warranty expense of $7 and $20 in depreciation expense. 6 million of warranty costs were incurred, and MACRS depreciation amounted to $43. In the absence of other temporary or permanent differences, what was Centipede's income tax payable currently, assuming a tax rate of 40%?

Multiple Choice

• 34.0 Million

• 25.2 Million

• 28.0 Million

• 19.6 Million