USP Inc, a U.S. parent, operates an unincorporated branch in Canada. On its U.S. tax return, USP reports $900,000 of taxable income from Canadian branch and $2 million of taxable income from its U.S. operations. USP paid $200,000 of Canadian taxes related to its branch operation in Canada. Determine USPs tax liability assuming 35% flat tax rate and taking foreign tax credit under Section 901. Please show calculations.