The Following Information Relates to Franklin Freightways for Its First

The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars) : The applicable tax rate is 40%. There are no other temporary or permanent differences.
-Which of the following must Franklin Freightways disclose related to the income tax expense reported in the income statement ($ in millions) ?

A) Only the current portion of tax expense of $66.
B) Only the total tax expense of $82.
C) Both the current portion of the tax expense of $66 and the deferred portion of the tax expense of $16.
D) None of these answer choices are correct.