Hallick, a Michigan corporation, operates two facilities for the manufacture of tangible goods; one facility is located in Michigan and the other is located in Canada. In the current year, Hallick earned the following net income from these facilities: Hallick’s total compensation paid to its U.S. workforce was $635,000, and total compensation paid to its Canadian workforce was $409,000. In addition to its manufacturing income, Hallick earned $39,400 taxable investment income in the current year. a. Compute Hallick’s current year taxable income. b. How would your computation change if Hallick’s Canadian facility generated a $112,700 loss instead of $343,000 net income?