8. A corporation is subject to both the personal holding company tax and the accumulated earnings tax. Its regular taxable income is $200,000. Its adjusted taxable income for imposing the personal holding company tax is $170,000 and its taxable income for determining the accumulated earnings tax is $230,000. What is the corporations total tax liability? (Points : 5) 1. $65,620 2. $86,750 3. $95,750 4. $121,250 5. None of the above