For the current year ($ in millions), Centipede Corporation had $158 in pretax accounting income. This included warranty expense of $8 and $14 in depreciation expense. $1 million of warranty costs were incurred, and depreciation deductions in the tax return amounted to $37. In the absence of other temporary or permanent differences, what was Centipede's income tax payable currently, assuming a tax rate of 25%?

Multiple Choice

$50.4 million

$35.5 million

$28.9 million

$31.9 million