Reliable Corporation had sales of $18 million and costs of goods sold of $3 million. Operating expenses amounted to $2,500,000. The firm had $8 million in 6.5% bonds outstanding. The firm had $830,000 in depreciation expense. Also, Reliable sold 1,250 shares of JRAC Corporation stock for $150 per share. Reliable had purchased the shares for $110 per share two years ago. Reliable also sold land for $2.8 million that it had purchased earlier for $2.2 million. Calculate Reliable Corporation's tax payment. $2,341,500 $2,478,000 $2,450,700 O $2,352,000 $2,587,200