The Talley Corporation had taxable operating income of $$300,000($i$.$e$.,$ earnings from operating revenues minus all operating costs$).$ Talley also had $(1)$ interest charges of $$70,000,(2)$ dividends received of $$15,000,$ and $(3)$ dividends paid of $$20,000.$ Its federal tax rate was $21\%($ignore any possible state corporate taxes$).$ Recall that $50\%$ of dividends received are tax exempt.

What is the firm$$s taxable income? Round your answer to the nearest dollar.

$

What is the tax expense? Round your answers to the nearest dollar.

$

What is the after$-$tax income? Round your answers to the nearest dollar.

$ Corporate Tax Liability of $$20,000.$ Its federal tax rate was $21\%($ignore any possible state corporate taxes$).$ Recall that $50\%$ of dividends received are tax exempt.

What is the firm's taxable income? Round your answer to the nearest dollar.

$

What is the tax expense? Round your answers to the nearest dollar.

$

What is the after$-$tax income? Round your answers to the nearest dollar.