For the current year ($ in millions), Centipede Corp. had 580 in pretax accounting income. This included warranty expense of $6 and $20 in depreciation expense. Two million of warranty costs were incurred, and MACRS depreciation amounted to $35. In the absence of other temporary or permanent differences, what was Centipede's income tax payable currently, assuming a tax rate of 40%? 58. Puritan Corp. reported the following pretax accounting income and taxable income for its first three years of operations: Assuming that Puritan elected a loss carryback, what would be the net loss in 2013 reported in Puritan's income statement