Your corporation has the following cash flows:

Operating income	$250,000
Interest received	$10,000
Interest paid	$45,000
Dividends received	$22,000
Dividends paid	$50,000

If the applicable income tax rate is 25% (federal and state combined), and if 50% of dividends received are exempt from taxes, what is the corporation's tax liability?

Group of answer choices

106,368

$105,482

$84,208

$100,163

$56,500