1. In 2015, Acme Inc. has book income of $200,000. Included in this figure is income generated from ownership in Road Runner Corporation, of which Acme owns 30%. Road Runner has $300,000 in earnings for the year and pays $35,000 in dividends to Acme. Assuming accounting for the investment in Road Runner (income from Road Runner and the DRD) are its only book-tax differences, what is Acme's tax liability for 2015 (see corporate tax schedule)?