7,500 13,750 If a Corporation's Taxable Income Is Up to $50,000 $50,000 $75,000 $75,000 $100,000 2013 Corporate Tax Rates It Pays This Amount on the Base of the Bracket Plus This Percentage on the Excess over the Base (Marginal Rate) Average Tax Rate at Top of Bracket $0 15.0% 15.0% 25.0 18.3 34.0 22.3 $100,000 $335,000 22,250 39.0 34.0 $335,000 $10,000,000 113,900 34.0 34.0 $10,000,000 $15,000,000 3,400,000 35.0 34.3 $15,000,000 - $18,333,333 Over $18,333,333 5,150,000 38.0 35.0 6,416,667 35.0 35.0 Quantitative Problem: Andrews Corporation has income from operations of $227,000. In addition, it received interest income of $22,700 and received dividend income of $29,800 from another corporation. Finally, it paid $11,200 of interest income to its bondholders and paid $41,900 of dividends to its common stockholders. Using the 2013 corporate tax schedule, what is the firm's federal income tax? Round your intermediated and final answers to the nearest cent. $ 71546