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For year 2 0 2 4 , Denver Corp. had $ 9 0 million in pretax accounting income. This included warranty expense of $ 1

For year 2024, Denver Corp. had $90 million in pretax accounting income. This included warranty expense of $10 million and $40 million in depreciation expense. For tax purpose, $2 million of warranty costs actually paid in 2024 was deducted. Tax depreciation amounted to $64 million. In the absence of other temporary or permanent differences, what was Denver's taxable income?
$106 million.
$58 million.
$122 million.
$74 million.

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