For the current year ($ in millions), Centipede Corp. had $82 in pretax accounting income. This included warranty expense of $7 and $15 in depreciation expense. 2 million of warranty costs were incurred, and MACRS depreciation amounted to $38. 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

• 25.6 Million

• 30.0 Million

• 14.6 Million

• 22.8 Million