Two Unrelated,calendar Year C Corporations Have the Following Taxable Income

Two unrelated,calendar year C corporations have the following taxable income for the current year: Olive Corporation Magenta Corporation
Taxable income $70,000 $90,000
Magenta Corporation is a qualified personal service corporation.Based on these facts,their corporate tax liability is:

A) $24,500 for Olive and $18,850 for Magenta.
B) $24,500 for Olive and $31,500 for Magenta.
C) $12,500 for Olive and $18,850 for Magenta.
D) $12,500 for Olive and $31,500 for Magenta.
E) None of these.