The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars):

Pretax accounting income:	$200
Pretax accounting income included:
Overweight fines (not deductible for tax purposes)	5
Depreciation expense	70
Depreciation in the tax return using MACRS:	110

The applicable tax rate is 40%. There are no other temporary or permanent differences. Franklin Freightways experienced ($ in millions) a current:

a. Tax benefit of $10 due to the NOL.

b. Tax liability of $36.

c. Tax liability of $66.

d. Tax liability of $70.6.