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Lintner Beverage Corp. reported the following information from their financial statements: Operating income (EBIT) = $20,000,000 Interest payments on long-term debt = $1,750,000 Dividend income

Lintner Beverage Corp. reported the following information from their financial statements:

Operating income (EBIT) = $20,000,000

Interest payments on long-term debt = $1,750,000

Dividend income = $1,000,000

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Operating income (EBIT) =$20,000,000 Interest payments on long-term debt =$1,750,000 Dividend income =$1,000,000 Calculate Lintner's total tax liability using the corporate tax schedule below

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