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AAA.LTD Company is a respectful consulting company that provides advice to custorners primarily on matters related to international taxation. AAA.LTD Company is located in country

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AAA.LTD Company is a respectful consulting company that provides advice to custorners primarily on matters related to international taxation. AAA.LTD Company is located in country AAA, where the income tax rate is 36% AAA.LTD Company has two branches that are located in countries BBB and CCC. Each branch provides consulting services on accounting and taxation to local clients in their countries. The amount of income before income taxes and income tax rates for both braches are as follows: Required: Compute the following. 1. AAA.trD Company's forelign source income. 7. Actual amount of taxes paid by AAA.LFD's branches in foreign countries. 3. AAALtro's home income tax on foreign source income. 4. Foreign tax credit allowed. 5. MA.tTo's home country tax liability and excess foreign tax credit. 6. Can excess forelgn tax credit be negative? Explain

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