Crane Property Management Company announced that in the year ended June 30, 2017, its earnings before taxes amounted to $ 1,434,000. Calculate its taxes using Exhibit 3.6. (Round answers to 2 decimal places, eg. 15,175.25.) Exhibit 3.0 U.S. Federal Corporate Income Tax Rates for 2016 The federal corporate marginal tax rate varies from 15 to 99 percent Generally speaking, smaller companies with lower table income have lower tax rates the larger companies with higher taxable incomes. Smaller businesses are given preferential treatment to encourage now business formation (1) (2) (3) Pay Thi Amount on Marginal Tax Rate: Corporations the Base of the Tax Rate on the Excess Average Tax Rate Taxable income Bracket Over the Base at Top of Bracket $0-$50,000 $ 0 15* 15.0% 50,001-75.000 7.500 25 18.3 75,001-100,000 13,750 34 223 100,001-335.000 22.250 39 340 335,001-10.000.000 113.900 34 340 10,000,001-15,000,000 3,400,000 35 343 15,000,001-18,333,333 5.150,000 38 350 More than 18,333,333 6,416,667 35 35.0 Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have been pre-entered in the template based on the textbook version of the problem.) Tax rate Tax 15 % 25 34 39 34 35 38 35 $ MacBook Air