G. R. Edwin Inc. had sales of $6.08 million during the past year. The cost of goods sold amounted to $2.94 million. Operating expenses totaled $2.54 million, and interest expense was $27,000.

Taxable income = $573,000

Total Taxes Due = $50,000 * 15% + $25,000 * 25% + ($573,000 -$75,000) * 34% + ($33,500 - 100,000) * 5%

Calculate the total taxes due.