Chev Corporation, a calendar year corporation, has alternative minimum taxable income (before any exemption) of $1.28 million for 2008. The company is not a small corporation. If the regular corporate tax is $209,000, Chev's alternative minimum tax for 2008 is:
a. $47,000.
b. $209,000.
c. $256,000.
d. $1,280,000.
e. None of the above.