Panda Corporation provided the following information for the current year 2022: Accounting income (pre-tax) in 2022 is $400 million. Installment Sales made on account in 2022 equaled $25 million. $5 million was collected in 2021 and the remainder is collected equally in 2023 and 2024. Warranty Liability balance at the end of 2022 equaled $16 million and is expected to be paid equally in 2023 and 2024. . The income tax rate is 20%. Panda Corporation records income tax payable equal to ?