Hunt Taxidermy, Inc. is concerned about the taxes paid by the company in 2018. In addition to $16.6 million of taxable income, the firm received $1,605,000 of interest on state-issued bonds and $1,410,000 of dividends on common stock it owns in Oakdale Fashions, Inc. (Use Table 2.3.)

Calculate Hunt Taxidermys tax liability.

Calculate Hunt Taxidermys average tax rate

Calculate Hunt Taxidermys marginal tax rate.

table 2.3 Corporate Tax Rates as of 2015 Pay this Amount Taxable income on Base Income $0-$50,000 $ 0 $50,001-$75,000 7,500 $75,001-$100,000 13,750 $100,001-$335,000 22,250 $335,001-$10,000,000 113,900 $10,000,001-$15,000,000 3,400,000 $15,000,001-$18,333,333 5,150,000 Over $18,333,333 6,416,667 Plus this Percentage on Anything Over the Base 15% 25 34 39 34 35 38 35