In its first year of operations, Poli Corporation's reconciliation of pretax accounting income to taxable income is as follows:

Pretax accounting income	$	310,000
Permanent difference		(14,800	)
		295,200
Temporary difference-depreciation		(20,700	)
Taxable income	$	274,500

Poli's tax rate is 25%. Assume that no estimated taxes have been paid. What should Poli report as income tax payable for its first year of operations?

The following information relates to DLC Corp. for its first year of operations (data in millions of dollars): $320 Pretax accounting income: Pretax accounting income included: Overweight fines (not deductible for tax purposes) Depreciation expense Depreciation in the tax return using MACRS: 13 78 124 The applicable tax rate is 25%. There are no other temporary or permanent differences DLC's taxable income ($ in millions) is