In 2020 J. Peterman Inc. incurred the following: Sales of $5.5 million O O Cost of goods sold of $3 million O o Operating expenses of $1.25 million Interest expenses of $505,000 Dividend Income of $36,000 Paid off $1.5 million in debt O O O Paid common stock dividends of $175,000 Paid a preferred stock dividend of $125,000 O What was J. Peterman's taxable income in 2020? b. Assuming a 25% tax rate, what was J. Peterman's tax liability in 2020? C. What was J. Peterman's After-Tax (Net Income) in 2020