Sam, a US citizen, paid the following foreign taxes:

$75,000 Canadian real property tax

$100,000 income tax on his branch operations in Peru

$30,000 withholding tax on a $100,000 dividend received from a Swiss entity where the treaty rate on dividend withholding between the US and Switzerland is 10%. Sam did nothing to claim the reduced treaty rate and would have been successful had he tried.

$25,000 income tax paid on behalf of his cousin who operates a bodega in Germany

What are Sams available foreign taxes that can be used as a credit should Sam elect to take a foreign tax credit?

	a.	$230,000
	b.	$205,000
	c.	$155,000
	d.	$130,000
	e.	$110,000