Marlon Corporation reported $4,000,000 dollars in revenue which included $20,000 in municipal bond interest. Marlon Corporation also reported $2,000,000 in ordinary business deductions, including a total of $60,000 in entertainment expenses. Marlon is eligible for a $20,000 dividends received deduction a. What is Marlon's taxable income for the year? b. What is Marlon's federal tax liability for year 1? c. What type of federal tax difference is created by the federal tax expense (Permanent or temporary, favorable or unfavorable)