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Quantitative Problem: Andrews Corporation has income from operations of $250,000. In addition, it received interest income of $25,000 and received dividend income of $30,800 from

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Quantitative Problem: Andrews Corporation has income from operations of $250,000. In addition, it received interest income of $25,000 and received dividend income of $30,800 from another corporation. Finally, it paid $11,700 of interest income to its bondholders and paid $47,600 of dividends to its common stockholders. The firm's federal tax rate is 21%. What is the firm's federal income tax? Do not round intermediate calculations. Round your answer to the nearest cent. $

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