GMC is considering launching a new line of hybrid diesel-electric SUVs. The heavy advertising expenses associated with the new SUV launch would generate operating losses of $35 million next year. Without the new SUV, GMC expects to earn pre-tax income of $80 million from operations next year. GMC pays a 25% tax rate on its pre-tax income. The amount that GMC owes in taxes next year without the launch of the new SUV is closest to Select one: A. $40.3 million B. $20.0 million C. 12.3 million D. $15.8 million GMC is considering launching a new line of hybrid diesel-electric SUVs. The heavy advertising expenses associated with the new SUV launch would generate operating losses of $35 million next year. Without the new SUV, GMC expects to earn pre-tax income of $80 million from operations next year. GMC pays a 25% tax rate on its pre-tax income. The amount that GMC owes in taxes next year without the launch of the new SUV is closest to Select one: A. $40.3 million B. $20.0 million C. 12.3 million D. $15.8 million