Wood Corporation was a C corporation in 2021 but elected to be taxed as an S corporation in 2022. At the end of 2021, its earnings and profits were $17,250. The following table reports Wood Corporation's (taxable) income for 2022 (its first year as an S corporation). Wood Corporation Income Statement December 31, 2022 Sales revenue $ 167, 500 Cost of goods sold (38,500) Salary to owners (67,000) Employee wages (0 09 'Ss) Depreciation expense (5, 400 Miscellaneous expenses (5,400) Interest income 10, 100 Qualified dividend income 2, 700 Overall net income $ 8, 400 What is Wood Corporation's excess net passive income tax for 2022? Excess net passive income tax