During the current year, Sparrow Corporation, a calendar year C corporation, had operating income of $425,000, operating expenses of $280,000, a short-term capital loss of $10,000, and a long-term capital gain of $25,000. How much is Sparrows income tax liability for the year?

A.

$30,450

B.

$32,700

C.

$33,600

D.

$45,650

E.

$62,400