question 3

please show work!

tax is 21%

Burton Corporation had sales of $39,071,336, costs of goods sold of $17,640,175 and operating expenses of $7,500,000. In addition, the firm paid 5% interest on $40,000,000 in outstanding bonds. The firm received $106,498 in dividend income from its common stock investments. Also, the company decided to sell land for $2,000,000 that it had purchased for $1,000,000 ten years earlier. What was the firm's tax payment? SET YOUR CALCULATOR TO 4 DECIMAL PLACES THEN ROUND TO THE NEAREST WHOLE NUMBER AT THE END. DO NOT ENTER THE $ SIGN SYMBOL..i.e. if your answer is 1,000,000 enter it as 1,000,000