Question: Answer the question using the data given below. Service income (not passive income) $40,000 Dividend income 30,000 Interest income 60,000 Passive income-related expenses 20,000 Other

Answer the question using the data given below.
Service income (not passive income) $40,000 Dividend income 30,000 Interest income 60,000

Service income (not passive income) $40,000 Dividend income 30,000 Interest income 60,000 Passive income-related expenses 20,000 Other expenses 50,000 At the end of the year, Power's Subchapter C E&P is $50,000. What is Power Corporation's excess net passive income and its excess net passive income tax for the year?

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