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Zenon Inc. has the following taxable income: U.S. source income Foreign source income Taxable income $1,900,000 240,000 $2,140,000 Required: Zenon paid $33,000 foreign income tax.

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Zenon Inc. has the following taxable income: U.S. source income Foreign source income Taxable income $1,900,000 240,000 $2,140,000 Required: Zenon paid $33,000 foreign income tax. Compute its U.S. income tax, assuming the foreign source income does not qualify as FDI. (Do not round any intermediate division.) U.S. income tax

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