Last year, Hammond Corporation had sales of $120 million, costs of goods sold of $65 million, and total operating expenses of $38 million. Also, Hammond received $60,000 in dividend income, paid $30,000 in dividends to its stockholders, and sold land for $1.5 million that had been purchased for $1 million several years earlier. What is Hammond's tax payment if their tax rate is 21%?

a) $3,687,600 d) $3,675,000 b) $3,681,300 e) $3,668,700 c) $3,891,300