Gaffey Corporation obtained permission to change from a calendar year to a fiscal year ending May 31, beginning in 2021. For the short period January 1 through May 31, 2021, the corporation's taxable income was $140,000. For computing the tax, assume a tax rate of 21%.

Gaffey Corporation's annualized short period income is $________ and the converted tax on the annualized income to a short period tax is $________.