BUILT-IN-GAINS TAX (10 Points) Fannie Corporation, an S Corponation, reports a recognized Net Built-In Gain of $112,000 and Taxable Income of $96,000 for the eurrent tax year. Fannie Corp $15,300 Net Operating Loss (NOL) carryforward from its C Corporation tax years and a $4,500 business credit carryforward from its C Corporation tax years. REQUIRED: Compute the Built-In-Gains Tax for Fannie Corporation for the current tax year. (Show computations) (ENTER (WRITE) YOUR RESPONSE DIRECTLY INTO THIS AREA OF THE EXAMINATION). For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac)