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Sombrero Corporation, a U$.$S$.$ corporation, operates through a branch in Espanla. Management projects that the company's pretax

income in the next taxable year will be $$100,000$ : $$80,000$ from U$.$S$.$ operations and $$20,000$ from the Espania branch. Espania

taxes corporate income at a rate of $30$ percent.

Note: Do not round Intermedlate calculatlons. 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?