Overview, question 7 OTT, U compree i Data Table Op iness. Du Calculat llar Corporate Tax Rates 15% $0-$50,000 25% $50,001_$75,000 34% $75,001-$10,000,000 over $10,000,000 Additional surtax 5% on income between $100,000 and $335.000 3% on income between $15,000,000 and $18,333,333 h an intromer of the data table ahova 35% BUURLIJ- TUUUUNS Computing income tawa) The W a Waugh Corporation is a regional Toyota dealer. The firm s ew and used truds and is actively involved in the parts business. During the most recent year the company generated sales of 300 million The combined cost of goods sold and the operating expenses were $210 million Also S400 000 interest expense was paid during the year Calculate the corporation's taxaby by using the corporate tax rate structure in the popup Window The corporation's tax bilis Round to the nearest dollar)