he Viking Corporation has the following items of income for 2021: Operating income $350,000 Dividend income (12 percent-owned corporations) 15,000 Long-term capital gains 9,000 Short-term capital gains 3,000 Capital loss carryover from 2020 8,000 Charitable cash contributions 12,000 Net operating loss carryover from 2020 35,000 Calculate the corporations 2021 taxable income and its tax liability. Assume that Viking is, and always has been, an