Bartlett Corporation,a U The Dividend Income Is from Very Minor Holdings in U

Bartlett Corporation,a U.S.manufacturer,reports the following results in its financial accounting records:
$$\begin{array} { | l | r | } \hline \text { Sales } & \$ 1,900,000 \\\hline \text { Cost of goods sold } & 900,000 \\\hline \text { Tax exempt interest income } & 15,000 \\\hline \text { Dividend income } & 50,000 \\\hline \text { Loss on sale of marketable securities } & 4,000 \\\hline \text { Wages } & 500,000 \\\hline \text { Other operating expenses } & 200,000 \\\hline \text { Depreciation } & 40,000 \\\hline \text { Charitable contributions } & 30,000 \\\hline \text { Additional information: } & \\\hline \text { Depreciation under MACRS } & 80,000 \\\hline\end{array}$$ The dividend income is from very minor holdings in U.S.stocks.Calculate Bartlett's taxable income,income tax liability and any carryovers generated.