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The Talley Corporation had taxable operating income of $ 3 6 0 , 0 0 0 ( i . e . , earnings from operating

The Talley Corporation had taxable operating income of $360,000(i.e., earnings from operating revenues minus all operating costs). Talley also had (1) interest charges of $30,000,(2) dividends received of $20,000, and (3) dividends paid of $35,000. Its federal tax rate was 21%(ignore any possible state corporate taxes). Recall that 50% of dividends received are tax exempt.
What is the 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.

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