finance

Assume a corporation has $100.000 of taxable income from operations, $10,000 of interest income, and $10,000 of dividend income. The company holds more than 20% of other company's stock. What is its tax liability? Rate on Taxable income Tax on Base amount above base 75000 - 100000 13.750 34% 100000- 22.250 39% 335.000 O $25.370 $27,320 $30,050 O $32,050 5 pts uestion 8