Kyle is single. He is the sole shareholder of Swanky Corporation, an S corporation. In the current year of 2020, Swanky earned taxable income of $250,000 and distributed $175,000 to Kyle. What is Swankys federal income tax for 2020? Kyle is in the highest tax bracket of 37% - what is his federal income tax if this is his only income for 2020 (ignore any potential Qualified Business Income Deduction that might be available here)?