The Oak Corporation had taxable operating income of $425,000 (1.e. earnings from operating revenues minus all operating costs). Oak also had 1) interest charges of $50,000, 2) dividends received of $10,000, 3) dividends paid of $25,000, and 4) income taxes. What is the firm's taxable income? O $472,500 $353,000 $403,000 $378,000 D Question 2 2 pts The Oak Corporation had taxable operating income of $525.000 li.e. earnings from operating revenues minus all operating costs). Oak also had 1) interest charges of $60,000, 2) dividends received of $25,000, 3) dividends paid of $30.000, and 4) income taxes. Using the chart below, what is the firm's tax expense? Taxable income Tax on Base Rate on amount above base 0 - 50,000 50.000 - 75.000 0 15% 7.500 25% 75.000 - 100.000 13,750 34% 22.250 39% 100.000 - 335.000 335.000 - 10M 10M - 15M 113.900 349 3.400.000 35% 15M - 18.3M 5.150.000 38% 18.3M and up 6,416,667 35% 5160.650 5152.150 5169.190 5128.520