Yoda's Training Camp Inc., realized $122,500 in operating income. Yoda's Training Camp Inc., had interest income of $25,000 and realized $70,000 in dividend income. Yoda's Training Camp Inc., had interest expense of $40,000. Using the corporate tax schedule below, what is Yoda's tax liability?

Taxable Income	Tax on Base of Bracket	Percentage on Excess above Base
Up to $50,000	$0	15%
$50,000-$75,000	7,500	25
$75,000-$100,000	13,750	34
$100,000-$335,000	22,250	39
$335,000-$10,000,000	113,900	34
$10,000,000-$15,000,000	3,400,000	35
$15,000,000-$18,333,333	5,150,000	38
Over $18,333,333	6,416,667	35

Assume a 70% dividend exclusion for tax on dividends.

Group of answer choices

$37,702

$27,359

$33,365

$32,364

$36,702