At the end of 2020 , HD reported a deferred tax asset of \$9omilion with no valuation allowance, At Decembar3, 2021 the account balances of tiD services showed a deferred tax asset of \$120million before assessing the need for o valuation allowance and income taxs payable of $80 million. 10 determinel that it was more likely than not that 30% of the defenred tax asset wltimately would not be realized. +1D had no other deferred taxes and made no estimated tax payments dering 2021 . What amount should HD report as income tax expense in its 2021 income statement? a) $50 million b) $80 million c) 86 milli an d) $116 million