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Violet Corporation is subject to tax only in State A. They have Federal taxable income of $169,000, state income tax expense of $50,000, excess depreciation

Violet Corporation is subject to tax only in State A. They have Federal taxable income of $169,000, state income tax expense of $50,000, excess depreciation deduction allowed for Federal purposes of $100,000, dividends from other U.S. corporations of $70,000, and interest on Federal obligations of $50,000. Calculate State A taxable income.

A.) $219,000 B.) $169,000 C.) $199,000 D.) $101,000

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