Taxpayer Q has net taxable income of $30,000 from Country Y which imposes a 40 percent income tax. In addition to the income from Country Y, taxpayer Q has net taxable income from U.S. sources of $120,000, and U.S. tax liability, before the foreign tax credit, of $41, 750. What is the amount of Q's foreign tax credit? $2, 400 $8, 350 $12,000 $30,000 None of the above