Question 7 2 pts Coconut, an individual, is the sole shareholder of Tropical Fruit Corporation, a U.S. based corporation. Coconut also owns the office building that serves as corporate headquarters for Tropical Fruit Corporation. Last year, Tropical Fruit Corporation paid $1,200,000 annual rent to Coconut for use of the building. Tropical Fruit Corporation's marginal tax rate was 21% and Coconut's marginal tax rate on ordinary income was 37%. Also, Coconut's qualified dividend rate was 20%. The revenue agent who audited Tropical Fruit Corporation's return concluded that the fair rental value of the office building was $900,000. Compute the decrease in Coconut's income tax liability as a result of this audit conclusion. $12,000 $9,000 $63,000 $51,000