Pendelton, Inc is a corporation that produces textiles in the United States. Calculate the corporate income tax Pendelton must they pay on $1900000 of taxable income. Use the following tax table to calculate the tax liability from the answers below. Income Level........... Tax Rate 0 50,000 ..............15% 50,000 75,000 .........25% 75,000 100,000 ........30% 100,000 335,000 .......34% 335,000 - 3,000,000 .....35% over 3,000,000 ..........37% .

		$1033900.00
		$648900.00
		$665000.00
		$646000.00

the answers below. IncomeLevel..........TaxRate050,00050,00075,000..25%75,000100,000..30%100,000335,000.34%335,0003,000,000..35%over3,000,000..37% $1033900.00 $648900.00 $665000.00 $646000.00