Last year Snap-On Tools had a marginal tax rate of 35% and an effective tax rate of 32.9%, It reported taxes payable of $119.1 million and earnings before tax of $357.8 million. What did Snap-on report as tax expense on its income statement) for the year? O $119.1 million O $125.2 million O None of the choices are correct. O $117.7 million