King Street Bakery, Inc., a U.S. company, has a branch located in Cabo Marco and another in the Windswept Islands. The beforetax income earned by the Cabo Marco branch is $100,000, and the before-tax income generated by the Windswept Islands branch is $200,000. The corporate tax rates in Cabo Marco, the Windswept Islands, and the United States are 16 percent, 10 percent, and 21 percent, respectively. 

Required: 

Determine King Street Bakery’s

(a) U.S. foreign tax credit

(b) net U.S. tax liability related to these foreign sources of income.