The following information relates to Franklin Freightways for its first year of operations (data in millions of dollars): The applicable tax rate is 25%. There are no other temporary or permanent differences. Franklin's taxable income ($ in millions) is: Multiple Choice $49. $122. $181. $191.Pretax accounting income:$230Pretax accounting income included:Overweight fines (not deductible for tax purposes)10Depreciation expense73Depreciation in the tax return using MACRS:122.