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Required information [The following information applies to the questions displayed below.] Sombrero Corporation, a U.S....

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Required information [The following information applies to the questions displayed below.] Sombrero Corporation, a U.S. corporation, operates through a branch in Espania. Managernent projects that the company's pretax income in the next taxable year will be $113,500:$87,200 from U.S. operations and $26,300 from the Espania branch. Espania taxes corporate income at a rate of 30 percent. Note: Do not round intermediate calculations. Round your final answer to the nearest whole dollar amount. . Management plans to establish a second branch in Italia. Italia taxes corporate income at a rate of 10 percent. What amount of ncome will the branch in Italla have to generate to eliminate the excess credit generated by the branch in Espania

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