Nike, Inc., reports the following tax information in Note 9 to its 2014 financial report. Income before income taxes is as follows:?

QUESTION 2 Not complete Marked out of 1.00p Flag question Recording Income Tax Expense Nike, Inc., reports the following tax information in Note 9 to its 2014 financial report. Income before income taxes is as follows: 2013 2012 Year Ended May 31 (In millions) 2014 Income before income taxes: United States $1,084 Foreign 1,760 $699 $846 1,818 1,111 $2,844 $2,517 $1,957 The provision for Income taxes is as follows: Year Ended May 31 (In millions) 2014 2013 2012 Current: United States Federal State 57 50 46 501 409 368 Foreign Deferred: United States Federal (61) 18 (251) State Foreign (18) (9) (381 $768 $667 $527 667 $527 Required a. Record Nike's provision for income taxes for 2014 using the financial statement effects template. Enter answers in millions in the appropriate account columns, using the second row only if additional space is needed. Balance Sheet Income Statement Transaction Cash Asset + Noncash Assets = Liabilities + Contrib. Capital + Earned Capital Revenue - Expenses = Net Income To record income tax expense $ - $847 +