Britta, Inc., a U.S.corporation, reports foreign-source income and pays foreign taxes as follows. 
Britta's worldwide taxable income is $1,600,000 and U.S.taxes before FTC are $336,000 assume a 21% tax rate).What is Britta's U.S.tax liability after the FTC?
Definitions:
Advertising
Advertising is a marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea.
Firm's Profits
The financial gains realized by a company after subtracting all expenses, taxes, and costs from total revenue.
Efficiency
The ability to accomplish a task with the minimum expenditure of time and resources.
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