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Required information The last annual report of Harrison Engineering's 3-D Imaging Division showed G1=$4.9 million, OE=$1.8 million, and D= $1.4 million. The average federal tax

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Required information The last annual report of Harrison Engineering's 3-D Imaging Division showed G1=$4.9 million, OE=$1.8 million, and D= $1.4 million. The average federal tax rate is 33% and state/local tax rates total 9.4%. Estimate the percentage of gross income (Gi) taken by the government as income tax. The percentage of gross income (Gi) taken by the government as income tax is

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