Your corporation has the following cash flows: Operating income Interest received Interest paid Dividends received Dividends paid $250,000 $10,000 $45,000 $7,000 S50,000 If the applicable income tax rate is 40% (federal and state combined), and if 70% ofdividends received are exempt from taxes, what is the corporation's tax liability? Question 25 options: $87,708 $86,840 $72,077 S96,392 $71,209 Print Layout View Sec 1 Pages: 3 of 3 words: 100%