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Hunt Taxidermy, Inc. is concerned about the taxes paid by the company in 2018. In addition to $424 million of taxable income, the firm received

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Hunt Taxidermy, Inc. is concerned about the taxes paid by the company in 2018. In addition to $424 million of taxable income, the firm received $2.975,000 of interest on state-issued bonds and $1,000,000 of dividends on common stock it owns in Oakdale Fashions, Inc. (Use Table 23.) Calculate Hunt Taxidermy's tax liability. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.) Tax liability S 11,609,975 Calculate Hunt Taxidermy's average tax rate. Average tax rate 25% Hunt Taxidermy, Inc. is concerned about the taxes paid by the company in 2018. In addition to $424 million of taxable income, the firm received $2.975,000 of interest on state-issued bonds and $1,000,000 of dividends on common stock it owns in Oakdale Fashions, Inc. (Use Table 23.) Calculate Hunt Taxidermy's tax liability. (Enter your answer in dollars not in millions. Round your answer to the nearest dollar amount.) Tax liability aces Calculate Hunt Taxidermy's average tax rate. Average tax rate

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