(Computing income taxes) Sales for L. B. Menielle Inc. during the past year amounted to $5.15 million. The firm provides parts and supplies for oil field service companies. Gross profits for the year were S3.05 million. Operating expenses totaled $1.18 million. The interest income from the securities owned was $21,000. The firm's interest expense was $97,000. Calculate the corporation's tax liability by using the corporate tax rate structure in the popup window The corporation's tax liability is S Round to the nearest dollar.)