Oakdale Fashions, Inc.'s, 2021 income statement is reported below. Oakdale Fashions, Inc., Income Statement for 2021 Net sales (all credit) Less: Cost of goods sold Gross profits Less: Other operating expenses EBITDA Less: Depreciation and amortization EBIT Less: Interest EBT Less: Taxes Net income $ 565,000 215,000 $ 350,000 90,000 $ 260,000 15,000 Tax liability $ 245,000 80,000 $ 165,000 Determine the firm's 2021 tax liability. (Round your answer to the nearest dollar amount.)