a) $4,200 b) $37,800 d) $29,400 e) $42,000 $33,600 8. Last year, Western Corporation had sales of $5 million, cost of goods sold of $3 million, operating expenses of $175,000 and depreciation of $125,000. The firm received $40,000 in dividend income and paid $200,000 in interest on loans. Also, Western sold stock during the year, receiving a $40,000 gain on stock owned 6 years, but losing $60,000 on stock owned 4 years. What is the firm's tax payment? The tax rate is 21% boe Cnorer Indude epital lous) FIN3403 Video Reviewsotuey adv