Y Corporation, a personal holding company in 20X7, had accumulated earnings and profits at the beginning of 20X7 of $275,000. The following facts relate to X Corporations 20X7 tax year: Taxable income $535,000 Federal income tax 112,350 Dividends received in taxable income 200,000 Dividends received deduction in taxable income 130,000 Dividends paid in 20X7 70,000 Consent dividends deemed-paid for 20X7 280,000 What would be Y Corporations personal holding company tax for 20X7