Boyles, Inc., a domestic corporation, receives $200,000 of foreign-source interest income on which foreign taxes of $2,000 are withheld. Its worldwide taxable income is $500,000, and U.S. Tax liability before FTC is $175,000. What is Boyles" FTC?
A. $70,000.
B. $2,000.
C. $72,000.
D. $68,000.
E. None of the above.