Griffey Communications recently realized $125,000 in operating income. The company had interest income of $25,000 and realized $70,000 in dividend income. The company's interest expense was $40,000. Using the corporate tax schedule above, what is Griffey's tax liability?
A) $29,442
B) $30,992
C) $32,623
D) $34,340
E) $36,057

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The Answer of Griffey Communications recently realized $125,000 in operating income. The company had interest income of $25,000 and realized $70,000 in dividend income. The company's interest expense was $40,000. Using the corporate tax schedule above, what is Griffey's tax liability?
A) $29,442
B) $30,992
C) $32,623
D) $34,340
E) $36,057

Griffey Communications Recently Realized $125,000 in Operating Income