Obispo, Incorporated, a U.S. corporation, received the following sources of income:
$20,000 interest income from a loan to its 100 percent owned U.S. subsidiary.
$30,000 dividend income from its 5 percent owned Canadian subsidiary.
$50,000 royalty income from its Irish subsidiary for use of a trademark within the United States.
$40,000 rent income from its Dutch subsidiary for use of a warehouse located in Belgium.
$3,000 capital gain from sale of stock in its 40 percent owned Mexican joint venture. Title passed in the United States.
What amount of foreign source income does Obispo have?

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The Answer of Obispo, Incorporated, a U.S. corporation, received the following sources of income:
$20,000 interest income from a loan to its 100 percent owned U.S. subsidiary.
$30,000 dividend income from its 5 percent owned Canadian subsidiary.
$50,000 royalty income from its Irish subsidiary for use of a trademark within the United States.
$40,000 rent income from its Dutch subsidiary for use of a warehouse located in Belgium.
$3,000 capital gain from sale of stock in its 40 percent owned Mexican joint venture. Title passed in the United States.
What amount of foreign source income does Obispo have?