Tanver Corporation, a calendar year corporation, has alternative minimum taxable income of $7 million in 2010 (before adjustment for adjusted current earnings). If Tanver's adjusted current earnings is $16 million, its tentative minimum tax for 2010 is:
1. $7,000,000.
2. $2,750,000.
3. Some other amount.
4. $6,750,000.
5. $310,000.