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(Corporate Incoume tax) Last year Sanderson, lnc. had sales of 53.9 milloo The firm's cost of goods sold came te 52.6millon, ks operating expenses excluding

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(Corporate Incoume tax) Last year Sanderson, lnc. had sales of 53.9 milloo The firm's cost of goods sold came te 52.6millon, ks operating expenses excluding deprecation of $105,000 were 5395,000 , and the firm paid 5147,000 in interest on its bank loans. Nso, the corpocation recehed 55 , 000 in dividend inceme (from a company hn which it owned hers than 20 percent of its shates) but paid $27.000 in the form of dlvidends to its own common stockhalgers. Use the corporate tax rates thown in the popep windrw to calcide the corporation's tax liabiliy. What are the firn's average and margnal takiates? The flim's tax Fiability for the year is: (Round to the nearest dolar) (Cick on the cich in order to copy is contents nto a spresdsheet) G. Print Done

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