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Incorrect Question 16 0 / 2 pts Red Hat Inc. has taken a position in its 2018 tax return and claims that it will save the company $10 million (direct reduction of current tax payment). Red Hat Inc. has determined that its sustainability is "more likely than not", based on the claim's technical merits (i.e. probable to uphold some of its benefit position). Management's estimate of the likelihood of various amounts of benefit are: Amount of tax benefit to be $10 $9 $8 $7 sustained Percentage likelihood 10% 25% 20% 45% Pretax accounting income is $60 million and the tax rate is 40%. Assume that Red Hat had determined that the sustainability of the tax benefit was "not" more likely than not (i.e. assume Step 1 had failed and Red Hat would not uphold its position). Red