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Lansing's pretax income this year was $421,000. What was the total taxes paid for Lansing, Inc.? Use the corporate tax rate schedule below. Taxable income

Lansing's pretax income this year was $421,000. What was the total taxes paid for Lansing, Inc.? Use the corporate tax rate schedule below.
Taxable income Tax Owed
More than But Not More Than
$0 $50,000 15% of amount beyond $0
$50,000 $75,000 $7,500 + 25% of amount beyond $50,000
$75,000 $100,000 $13,750 + 34% of amount beyond $75,000
$100,000 $335,000 $22,250 + 39% of amount beyond $100,000
$335,000 $10,000,000 $113,900 + 34% of amount beyond $335,000
$10,000,000 $15,000,000 $3,400,000 + 35% of amount beyond $10,000,000
$15,000,000 $18,333,333 $5,150,000 + 38% of amount beyond $15,000,000
$18,333,333 --------------- 35% on all income

A) $248,200
B) $143,140
C) $134,300
D) $237,400

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