Illini had the following information for its first year of operations (data in millions of dollars): $200 Pretax accounting income: Pretax accounting income included: Overweight fines (not deductible for tax purposes) Depreciation expense Depreciation in the tax return using MACRS: 5 70 110 The applicable tax rate is 40%. There are no other temporary or permanent differences. Illini's balance sheet at the end of its first year would report: Multiple Choice A deferred tax liability of $18 million among current liabilities A deferred tax asset of $14 million among current assets