(15 points) Fraser Corporation reports the following results for its 2020 calendar tax year: Gross income from operations........ $256,500 Dividends received from 25 percent owned domestic corporation..... 75,000 Operating expenses... Charitable contributions NOL carryover from 2019.. Short-term capital gain Short-term capital lost... Long-term capital gain... 112,500 60,000 37,500 30,000 18,000 10,500 Compute Fraser Corporation's taxable income and regular tax liability for its 2020 tax year