$!$

Required Information

$[$The following information applies to the questions displayed below.$]$

Calculate Anaheim Corporation's excess net passive income tax in each of the following alternative scenarios:

Note: Leave no answer blank. Enter zero if applicable.

a$.$ Passive investment income, $$100,000$; expenses associated with passive investment income, $$40,000$; gross recelpts, $$120,000$;

taxable income if a C corporation, $$40,000$; corporate Earnings and profit, $$30,000.$

Excess net passive income tax