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need A, B, C. Cranberry Corporation has $3,432,000 of current year, taxable income. Use 2017 tax rate schedule if needed. Required: a. If the current

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Cranberry Corporation has $3,432,000 of current year, taxable income. Use 2017 tax rate schedule if needed. Required: a. If the current year is a calendar year ending on December 31, 2017, calculate Cranberry's regular income tax liability. b. If the current year is a calendar year ending on December 31,2018, calculate Cranberry's regular income tax liability c. If the current year is a fiscal year ending on April 30, 2018, calculate Cranberry's regular income tax liability. Note: Do not round intermediate calculations. \begin{tabular}{|l|l|} \hline If taxable income is & The tax is \\ \hline Not over $50,000 & 15% of taxable income \\ \hline Over $50,000 but not over $75,000 & $7,500+25% of the excess over $50,000 \\ \hline Over $75,000 but not over $100,000 & $13,750+34% of the excess over $75,000 \\ \hline Over $100,000 but not over $335,000 & $22,250+39% of the excess over $100,000 \\ \hline Over $335,000 but not over $10,000,000 & $113,900+34% of the excess over $335,000 \\ \hline Over $10,000,000 but not over $15,000,000 & $3,400,000+35% of the excess over $10,000,000 \\ \hline Over $15,000,000 but not over $18,333,333 & $5,150,000+38% of the excess over $15,000,000 \\ \hline Over $18,333,333 & $6,416,667+35% of the excess over $18,333,333 \\ \hline \end{tabular}

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