Ray and Arnold form RA Corporation, an C Corporation, by contributing $50,000 for a 50% interest and taking out a working capital loan in the amount of $25,000. In the current year, RA Corporation has gross income of $115,000, operating expenses of $95,000, and distributes $5,000 each to Ray and Arnold. Ray is single and qualifies for one exemption. Ray does not itemize and has other ordinary income of $215,000. Determine Ray's tax liability for the current year, excluding self-employment taxes.