Old Road, Inc., a calendar-year C corporation, made a valid S election effective 1/1/2022. Old Road, Inc. had been a C corporation until 2021 and had Accumulated E&P of $850,000 as of 12/31/2021. Its financial statements for the year ended 12/31/2022 showed the following information: Sales & Service Revenue $300,000 Interest Income 20,000 Dividend Income 30,000 Capital gain on sale of investments 75.000 Total Income $425,000 Operating Expenses (100,000) Expenses of maintaining investments (10,000) Net Income $315,000 Is Old Road Inc. subject to the Excess Net Passive Income Tax? Explain. If so, what is the amount of the tax Old Road, Inc. is liable for?