Tomorrow Foods reported $600 million in income before income taxes for 2022, its first year of operations. Tax depreciation exceeded depreciation for financial reporting purposes by $80 million. The company also had non-taxable revenues of $20 million relating to permanent differences. The applicable tax rate was 25%. Tomorrow's net income for year 2022 would be: O $450 million O $435 million O $375 million O $455 million