Initiate, Inc., a § 501(c)(3) organization, receives the following revenues and incurs the following expenses.

Grant from Gates Foundation ……………………………     $ 70,000

Charitable contributions received ………………………..     625,000

Expenses in carrying out its exempt mission …………….    500,000

Net income before taxes of Landscaping, Inc., a wholly

owned for-profit subsidiary ………………………………    400,000

Landscaping, Inc., remits all of its after-tax profits each year to Initiate. Calculate the amount of the Federal income tax, if any, for Initiate and for Landscaping.