Question 2 of 3 ./13 View Policies Current Attempt in Progress Sunland Property Management Company announced that in the year ended June 30, 2017, its earnings before taxes amounted to $1.482,000. Calculate its taxes using Exhibit 3.6. (Round answers to 2 decimal places, eg. 15,175.25.) Exhibit 3.6 U.S. Federal Corporate Income Tax Rates for 2016 The federal corporate marginal tax rate varies from 15 to 39 percent. Generally speaking, smaller companies with lower taxable income have lower tax rates than larger companies with higher taxable incomes. Smaller businesses are given preferential treatment to encourage new business formation (2) (3) (4) Pay This Amount on Marginal Tax Rate: Corporations the Base of the Tax Rate on the Excess Average Tax Rate Taxable income Bracket Over the Base at Top of Bracket SO-S50,000 $ 0 15% 15.09 50,001-75.000 7,500 25 18.3 75.001-100.000 13,750 34 100,001-335.000 22.250 39 34.0 335.001-10,000,000 113.900 34.0 10,000,001-15,000,000 3,400,000 35 34.3 5.150,000 15,000,001-18,333,333 38 35.0 More than 18,333,333 6,416,667 35 35.0 Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have N Question 2 of 3 been given here, and be sure to update any values that may of the problem.) Tax rate Tax 15 % $ 25 34 39 34 35 38 35 $ e Textbook and Media Save for later F