Last year Sanderson, Inc. had sales of \ $3.2 million. The firm's cost of goods sold came to $2.2 Last year Sanderson, Inc. had sales of \ $3.2 million. The firm's cost of goods sold came to $2.2 million, its operating expenses excluding depreciation of $102,000 were $392,000, and the firm paid \ $151,000 in interest on its bank loans. Also, the corporation received $54,000 in dividend income (from a company in which it owned less than 20 percent of its shares) but paid $23,000 \ in the form of dividends to its own common stockholders. Use the corporate tax rates shown in the popup window,