Griffey Communications recently realized $105,000 in operating income. The company had interest income of $25,000 and realized $70,000 in dividend income. The company's interest expense wa 540,000. Using the corporate tax schedule below, what is Griffey's tax liability? Txable income Thx on Base of Bracket Percentage on Excess above Base Up to 550,000 SO 15% $50,000-$75,000 7,500 25 $75,000-$100,000 13,750 $100,000-$335,000 22,250 39 $335.000 $10,000,000 113,900 34 $10,000,000-$15,000,000 3,400,000 35 $15,000,000-$18,333,333 5,150,000 38 Over $18,333,333 6,416,667 35 Assume a 70% dividend exclusion for tax on dividends. a. 528,663 b. 526,540 c. 524,662 d. 520,170 e $20,701