Radnor Corporation reports the following results for the current year:

Gross profits on sales $135,000

Long-term capital loss $ 15,000

Short-term capital loss $ 4,000

Dividends from 60% owned domestic corporation $20,000

Operating expenses $ 55,000

Charitable contributions $15,000

What are Radnors taxable income and income tax liability?

What carrybacks and carryovers are available? If any?