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Zen Energies is a Chinese branch of Super Sigma Incorporated, incorporated in U . S . In the year ending Dec. 3 1 , 2

Zen Energies is a Chinese branch of Super Sigma Incorporated, incorporated in U.S. In the year ending Dec. 31,2021, the net income of Zen was 25 million Yuan before tax of 25%. During the year the average exchange rate was 0.16379 Yuan per dollar. The exchange rate on the date of payment of taxes is was 0.16474 Yuan per dollar. Determine the amount of U.S. taxable income.
Multiple Choice
$3.0711 million
$18.75 million
$4.1007 million
$114.475 million
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