In its first year of operations, HD Corporation reported pretax accounting income of $540 million for the current year. Depreciation reported in the tax return in excess of depreciation in the income statement was $180 million. The excess tax will reverse itself evenly over the next three years. The current year's tax rate of 25% will be changed under the current law to 30% next year and 35% for all subsequent years. At the end of the current year, the deferred tax liability related to the excess depreciation for HD Corp. will be:

Multiple Choice

$54 million.

$60 million.

$72 million.

$63 million.