Basu, Incorporated has the following taxable income: Required: Basu paid $1,043,000 foreign income tax. Compute its U.S. income tax, assuming the foreign source income does not qualify as FDII. Note: Do not round any intermediate division. Round the rest of the intermediate calculations and final answer to the nearest whole dollar amount. Zenon, Incorporated has the following taxable income: Required: Zenon paid $49,000 foreign income tax. Compute its U.S. income tax, assuming the foreign source income does not qualify as FDII. Note: Do not round any intermediate division