Corporation Growth has $80,000 in taxable income, and Corporation Income has $8,000,000 in taxable income. (Enter your answer as directed, but do not round intermediate calculations.)

Required:
(a)	What is the tax bill for each firm?

	Tax bill
Corporation Growth	$
Corporation Income	$

(b)	Suppose both firms have identified a new project that will increase taxable income by $6,500. How much in additional taxes will each firm pay?

	Additional taxes
Corporation Growth	$
Corporation Income