Grouse Corporation, a calendar year C corporation, reports net income of $2,200,000,000 on its 2023 audited financial statements (including financial statement depreciation of $300,000,000). Also, for 2023, Grouse reports taxable income of $800,000,000 (including tax depreciation of $500,000,000). Assume that Grouse’s average annual AFSI for the three-year period ending December 31, 2023 is in excess of $1,000,000,000. Also assume that Grouse has no AMT foreign tax credit for 2023.
What is Grouse’s 2023 Corporate AMT?