Problem: Tree, Inc, operates a branch in Chile. In the most recent year, Tree included $1,000,000 of taxable income from the Chile branch in its U.S. taxable income, along with $3,000,000 of taxable income from its U.S. operations. Tree paid $235,000 in Chile income taxes related to the $1,000,000 in branch income. Assuming a U.S. tax rate of 21%, what is Trees' U.S. tax liability. A.630,000, B. 720,000 C. 840,000