Tinsel Corporation, a U$.$S$.$ corporation, reported total taxable income of $$10,000,000$ in the current year. Taxable income included $$2,500,000$ of foreign source taxable income from the company's branch operations in the United Kingdom. All of the branch income is foreign branch income. Tinsel paid U$.$K$.$ income taxes of $$500,000$ on its branch income. Compute Tinsel's net U$.$S$.$ tax liability and any foreign tax credit carryover.

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