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The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars): The applicable tax rate is 25%. There

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The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars): The applicable tax rate is 25%. There are no other temporary or permanent differences. Which of the following must Franklin Freightways disclose related to the income tax expense reported in the income statement (\$ in millions)

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