The Pine Corporation had taxable operating income of $450,000 (i.e. earnings from operating revenues minus all operating costs). Pine also had 1) interest charges of $50,000, 2) dividends received of $10,000, 3) dividends paid of $25,000, 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 15% 7.500 25% 10. 50,000 50,000 - 75,000 75,000 - 100,000 100,000 - 335.000 34% 13,750 22.250 113.900 39% 34% 335,000 . 10M 10M 15M 35% 15M - 18.3M 3,400,000 5,150,000 6,416,667 38%4 18 3M and up 35% $137.000 $120,020 O $128.520 5169.150