Delaine is a 90% shareholder in a personal service corporation (PSC). The corporation paid Delaine a salary of $353,300 during its fiscal year ending September 30, 2016.

If required, round your answers to the nearest dollar.

a. Assume that the corporation cannot satisfy the business purpose test for a fiscal year. The corporation can continue to use its fiscal year without any negative tax effects, provided Delaine receives at least $______? as salary during the period October 1 through December 31, 2016.

b. Assume that the corporation cannot satisfy the business purpose test or salary test for a fiscal year. The corporation pays Delaine a salary of $70,660 for October 1 through December 31, 2016, and salary of $423,960 from January 1, 2017, through September 30, 2017.

The personal service corporation can retain the fiscal year if the corporations deduction for salary for its fiscal year ending September 30, 2017, is limited to $_______?