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Sombrero Corporation, a U$.$S$.$ corporation, operates through a branch in

Espania. Management projects that the company's pretax income in the

next taxable year will be $$118,500$ : $$94,400$ from U$.$S$.$ operations and

$$24,100$ from the Espania branch. Espania taxes corporate income at a

rate of $30$ percent.

Note: Do not round intermediate calculations. Round your final answer

to the nearest whole dollar amount.

b$.$ Management plans to establish a second branch in Italia. Italia taxes corporate income

at a rate of $10$ percent. What amount of income will the branch in Italia have to generate to

eliminate the excess credit generated by the branch in Espania?