Kirk Trudell and Tucker Bailey began a new consulting business on January 1, 2019. They organized the business as a C corporation, KT, Inc. During 2019, the corporation was successful and generated revenues of $2,400,000. KT had operating expenses of $830,000 before any payments to Kirk or Tucker. During 2019, KT paid dividends to Kirk and Tucker in the amount of $270,000 each. Assume that Kirk's wife earned $160,000 from her job, they file a joint return, have itemized deductions of $36,000, and have no children. (Assume the qualified dividends tax rate is 15%.) Read the requirements. (Click the icon to view the 2019 tax rate schedule for the Married filing jointly filing status.) (Click the icon to view the corporation tax rate information.) (Click the icon to view the standard deduction amounts.) Requirement a. Compute the total tax liability of KT and Kirk and his wife for 2019. (If an input field is not used in the table, leave the input field empty; do not select a label or enter a zero. Do not round intermediary calculations. Only round the amounts you enter in the input fields to the nearest cent. Use the tax rate schedule for necessary tax calculations.) Begin by calculating the tax liability for KT. Minus: Choose from any list or enter any number in the input fields and then continue to the next question.