Carlson's general business credit (before limitations) for the current year is $116,750. His net income tax is $256,850, tentative minimum tax is $231,165, and net regular tax liability is $244,008. He reports no other Federal income tax credits for the year. Determine Carlson's general business credit allowed for the year, and any amounts that can be carried back and forward.

If required, round your computations to the nearest dollar.

Carlson's general business credit allowed for the year is $............. and his unused general business credit of $............... may be carried back or forward.