ore: 1 of 8 pts 9 of 13 (8 complete) v PC:11-34 (similar to) HW Score: 52% 52 of 100 eter organized south Corporation 15 years ago. The corporation an S election last year made after it The corporation has not provided significant services nor ineured substantial costs in comechon with emming m distributed none of its accumulated E&P In the of December of the current year, the corporation has current year South reports the following rental income The services income is derived from the active conduct a trade or business Click the icon to view the corporate tax the icon to view the current year results) Read the regurements. Requirement a. s South subject to the excess net passive income tax?lfso what is its tax liabiuty? (Complete al answer boxes. Enter a or for a zero tau labiaty Do not toond intarmoday calculaiores orty mund amourt you Input in the cell to the nearest dollar) Subject to excess net passive income tax? Tax liability Yes Choose from any list or enter any number in the input tields and then cack Check Answer remaining m a Ask me anything O