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Last year, your company had sales of $3,930,124, cost of goods sold of $2,346,235 million and operating expenses amounting to $853,412. The firm had $117,698

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Last year, your company had sales of $3,930,124, cost of goods sold of $2,346,235 million and operating expenses amounting to $853,412. The firm had $117,698 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? SET YOUR CALCULATOR TO 4 DECIMAL PLACES AND ROUND AT THE END. TYPE IN YOUR NUMERICAL ANSWER. DO NOT ENTER THE $ SYMBOL. IF YOUR ANSWER IS 1,000,000 FOR EXAMPLE, JUST ENTER 1,000,000

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