Clarke has a controlling interest in Rogers's outstanding stock. At the current year-end, the following information has been accumulated for these two companies:

	Separate Operating Income	Dividends Paid
Clarke	$552,500	$95,000
	(includes a $96,000 net unrealized gross profit on intra-entity inventory transfers)
Rogers	335,000	55,000

Clarke uses the initial value method to account for the investment in Rogers. The separate operating income figures just presented include neither dividend nor other investment income. The effective tax rate for both companies is 40 percent.

a.	Assume that Clarke owns 100 percent of Rogers's voting stock and is filing a consolidated tax return. What income tax amount does this affiliated group pay for the current period