Last year Sanderson, Inc. had sales of $3.4 million. The firm's cost of goods sold came to $2.3 million, its operating expenses, excluding depreciation of $95,000 were $392,000, and the firm paid $153,000 in interest on its bank loans. Also, the corporation received $51,000 in dividend income (from a company in which it owned less than 20 percent of its shares) but paid $29,000 in the form of dividends to its own common stockholders. Use the corporate tax rates shown in the popup window, to calculate the corporation's tax liability. What are the firm's average and marginal tax rates?

What is The firm's tax liability for the year? (Round to the nearest dollar.)

I am having issues when I get past the (100,000-335,000 portion) of the tax chart. Please explain in detail the steps taken when doing the tax liability percentages. I can not figure out how to correctly get past (75,000-100,000).

Data table

Taxable Income	Marginal Tax Rate
$0$50,000	15%
$50,001$75,000	25%
$75,001$100,000	34%
$100,001$335,000	39%
$335,001$10,000,000	34%
$10,000,001$15,000,000	35%
$15,000,001$18,333,333	38%
Over $18,333,333	35%