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Hunt Taxidermy, Inc., is concerned about the taxes paid by the company in In addition to $ 1 8 . 0 million of taxable income,

Hunt Taxidermy, Inc., is concerned about the taxes paid by the company in
In addition to $18.0 million of taxable income, the firm received
$1,620,000 of interest on state-issued bonds and $1,710,000 of dividends on
common stock it owns in Oakdale Fashions, Inc. (Use corporate tax rate of
21 percent for your calculations.)
Calculate Hunt Taxidermy's tax liability. (Enter your answer in dollars not in
millions. Round your answer to the nearest dollar amount.)
Tax liabilityHunt Taxidermy, Inc., is concerned about the taxes paid by the company in
In addition to $18.0 million of taxable income, the firm received
$1,620,000 of interest on state-issued bonds and $1,710,000 of dividends on
common stock it owns in Oakdale Fashions, Inc. (Use corporate tax rate of
21 percent for your calculations.)
Calculate Hunt Taxidermy's tax liability. (Enter your answer in dollars not in
millions. Round your answer to the nearest dollar amount.)
Answer is complete but not entirely correct.
Tax liability
$
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