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4. Consider the following information for Motion Technology: Operating Income Interest Received Interest Paid Dividends Received Dividends Paid $520,000 $ 25,000 s 65,000 s 30,000

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4. Consider the following information for Motion Technology: Operating Income Interest Received Interest Paid Dividends Received Dividends Paid $520,000 $ 25,000 s 65,000 s 30,000 S 70,000 If the applicable Income Tax Rate is 37% (Federal and State combined), and if 70% of dividends received are exempt from taxes, what are Motion Technology's Taxes

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