During 2010,Sparrow Corporation,a Calendar Year C Corporation,had Operating Income of $510,000,operating

Multiple Choice

During 2010,Sparrow Corporation,a calendar year C corporation,had operating income of $510,000,operating expenses of $370,000,a short-term capital loss of $25,000,and a long-term capital gain of $80,000.How much is Sparrow's tax liability for 2010?

A) $46,100.
B) $59,300.
C) $69,050.
D) $76,050.
E) None of the above.