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Last year, your company had sales of $3,694,709, cost of goods sold of $2,366,608 million and operating expenses amounting to $848,625. The firm had $118,597

Last year, your company had sales of $3,694,709, cost of goods sold of $2,366,608 million and operating expenses amounting to $848,625. The firm had $118,597 in depreciation expense. In addition, the firm paid $625,000 in 8% coupon bonds, received $30,000 in dividend income, and sold property for $10,000 capital loss. What was the firm's tax payment?

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