Marathon Inc. (a C corporation) reported $1,000.000 of taxable income in the current year. During the year, it .distributed $100,000 as dividends to its shareholder as follows:

$5,000 to Guy, a 5 percent individual shareholder

$15,000 to Little Rock Corp a 15 percent shareholder (C corporation)

$80.000 to other shareholders.

Assuminf Little Rock Corp's marginal tax rate is 34 percent. What amount of tax will it pay on dividend it received from Marathon Inc. (70 percent dividends rececieved deductions}

Tax Paid =