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Pretax accounting income for the year ended December 31, 2016, was $45 million for Truffles Company....

Pretax accounting income for the year ended December 31, 2016, was $45 million for Truffles Company. Truffles' taxable income was $62 million. This was a result of differences between straight-line depreciation for financial reporting purposes and MACRS for tax purposes. The enacted tax rate is 21% for 2016 and 31% thereafter. What amount should Truffles report as the current portion of income tax expense for 2016? (Round your answer to the nearest whole million.)

$19 million

$13 million

$9 million

$14 million

0 0
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