T Corp. manufactures Product A and reports the following results for the current year:

Taxable income.........................................$500,000

Federal income tax (21%)..........................105,000

Dividends paid in June................................75,000

The following are included in taxable income:

Long-term capital gain.............................$ 30,000

Short-term capital gain...............................10,000

Dividends from 52%-owned corporation..............100,000

Excess charitable contribution from last year deducted this year...........25,000

Jan. 1 E&P..............................................$125,000

Reasonable business needs.................900,000

T Corp.’s accumulated E&P balance and its reasonable business needs on January 1 of the current year were $125,000. The firm can justify retaining $90,000 of current E&P to meet its reasonable business needs. What is T Corp.’s accumulated earnings tax liability?