Ford Motor Company is considering launching a new line of hybriddiesel-electric SUVs. The heavy advertising expenses associated with the new SUV launch would generate operating losses of $30 million next year. Without the newSUV, Ford expects to earn pretax income of $70 million from operations next year. Ford pays a 35% tax rate on its pretax income. The amount that Ford Motor Company owes in taxes next year with the launch of the new SUV is closestto:

A.

$24.5 million

B.

$14.0 million

C.

$10.5 million

D.

$35.0 million