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USCO incurred $140,000 in interest expense for the current year. The tax book value of US Co's assets generating foreign-source income is $7,000,000. The tax

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USCO incurred $140,000 in interest expense for the current year. The tax book value of US Co's assets generating foreign-source income is $7,000,000. The tax book value of USC's assets generating U.S.-source income is $70,000,000. How much of the interest expense is allocated and apportioned to foreign-source income? Do not round intermediate computations but if required, round your final answer to the nearest dollar. X

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