G. R. Edwin Inc. had sales of $6.07 million during the past year. The cost of goods sold amounted to $3.04 million. Operating expenses totaled $2.63 million, and interest expense was $33,000. Determine the firm's tax liability by using the corporate tax rate structure

Sales for J. P. Hulett Inc. during the past year amounted to $3.8 million. The firm supplies statistical information to engineering companies. Gross profits totaled $1.17 million, and operating and depreciation expenses were $501,000 and $353,000, respectively. Dividend income for the year was $11,600. Compute the corporation's tax liability by using the corporate tax rate structure

Corporate Tax Rates
15%	$0$50,000
25%	$50,001$75,000
34%	$75,001$10,000,000
35%	over $10,000,000
Additional surtax:
5% on income between $100,000 and $335,000
3% on income between $15,000,000 and $18,333,333