Question 40 of 44 6 Points Click to see additional instructions USAco, a domestic corporation, manufactures widgets for sale in the United States. USACO owns 100% of the stock of FORco, a foreign manufacturing subsidiary. In year 2020 FORco had $9 million of income (tested income), no interest expense and paid $900,000 in foreign income taxes that are properly attributable to its tested income. FORco also owns a factory, which it uses to produces its tested income, and which has an average adjusted U.S. tax basis of $40 million (taking into account the straight-line depreciation method). FORco distributed no dividends. As a result of FORCO's activities, USAco will have taxable income of and would be allowed a foreign tax credit of