Coconut, an individual, is the sole shareholder of Tropical Fruit Corporation, a U.S. based corporation. Coconut also owns the office building that serves as corporate headquarters for Tropical Fruit Corporation. Last year, Tropical Fruit Corporation paid $2,800,000 annual rent to Coconut for use of the building. Tropical Fruit Corporation's marginal tax rate was 21% and Coconut's marginal tax rate on ordinary income was 37%. Also, Coconut's qualified dividend rate was 20%. The revenue agent who audited Tropical Fruit Corporation's return concluded that the fair rental value of the office building was $2,100,000. What is the net increased amount of Coconut and Tropical Fruit Corporation's combined income tax liability as a result of this audit conclusion? $21,000 $119,000 $28,000 $147,000