Gaffey Corporation obtained permission to change from a calendar year to a fiscal year ending May 31, beginning in 2016. For the short period January 1 through May 31, 2016, the corporations taxable income was $186,800. For computing the tax, assume a tax rate of 25%. Do not round interim computations but round your final answers to the nearest dollar. Gaffey Corporation's annualized short period income is $ ____ and the converted tax on the annualized income to a short period tax is $.____