For the year just ended, Overward Corp. had pretax earnings from operations of

$$1,300,000.$ In addition, it received $$120,000$ in interest income from bonds it held in

X$-$Space and it received $$70,000$ in dividend income from its $8\%$ common stock

holding in Up Mars Corp. What is the total tax liability and after$-$tax income for

Overward Corp. for the year?