Sweetwater, Inc. is an s corporation in sour Lake Texas. a. in 2012,sweetwater excess net passive income is $42000.sweetwater holds 31,000 of accumulated earning and profits from c corporation year.it reports 58000 of taxable income and AMT adjustment of 17000 for the year. Calculate any passive investment income penalty tax 2. in part (a) what if taxable income were 39000