Scandinavian Furniture Inc., a calendar-year corporation, is worried about the accumulated earnings tax. In February, the following facts are available for the preceding year:

Accumulated earnings and profits as of 12/31	$220,000
Taxable income (exclusive of capital gains)	$110,000
Charitable contributions in excess of limit	$3,000
Long-term capital gain, taxable at 34 percent	$10,000
Dividends from Canadian corporation	$7,000
Dividends from U.S. corporations (25 percent owned)	$8,000
Total income tax liability	$60,000
Demonstrable business needs	$235,000

If the consent dividend route is to be used, which amount must be reported to avoid the accumulated earnings tax?