Griffey Communications recently realized $75,000 in operating income. The company had interest income of $20,000 and realized \$70,000 in dividend income. The company's interest expense was $45,000. Its corporate tax rate is 25%. Griffey is a small company, so it is not subject to the interest expense deduction limitation. Assume a 50% dividend exclusion for taxes on dividends. a. $21,250 b. $12,500 c 532,500 d. 530,000 e. $41,250