In 2023, Fenwick Corporation, a C-Corporation, has $6,500,000 of sales revenue, cost of goods sold of $3,900,000, operating expenses of $2,100,000, and a general business tax credit of $25,000. What is Fenwick Corporation's 2023 federal income tax (after credits)? a) $500,000 b) $99,750 c) $80,000 d) $475,000 e) $105,000