A Japanese branch of a U.S. corporation earned $20,000,000 income before tax. The Japanese branch paid $8,000,000 in taxes to the government of Japan on income it generated there. The corporation is subject to a 21% tax rate in the U.S. How much foreign tax credit can be taken in calculating the taxes owed to the U.S. on $20,000,000 of Japanese branch income? $4,200,000 $8,000,000 $0 $3,800,000