6 Points Assume that Greggs Corporation had sales during the past year of $4,000,000 ; its cost of goods sold was $3,200,000, and it incurred operating expenses of $770,000. The company also received $115,000 in interest income and an interest expense of $77,000. Calculate the corporation's tax liability by using the corporate tax rate structure below: Corporate Tax Rates 15% $0-$50,000 2596 $50,001$75,000 349 $75,001-$10,000,000 35% over $10,000,000 Additional surtax 596 on Income between $100,000 and $335,000 396 on income between $15,000,000 and $18,333,333