Ross Company, a manufacturer of pharmaceuticals, has pretax ordinary income of $495,000 and has just sold an asset purchased two years ago with a realized capital gain of $32,000. Using this table The tax liability this year is $ (Round to the nearest dollar.) calculate the tax liability for the company this year. i Data Table Corporate Tax Rate Schedule Tax calculation Range of taxable income Base tax (Marginal rate x amount over base bracket) $0 to 50,000 to 75,000 to 100,000 to 335,000 to 10,000,000 to 15,000,000 to Over 18,333,333 $50,000 75,000 100,000 335,000 10,000,000 15,000,000 18,333,333 $0 7,500 (15% + (25% 13,750 + (34% 22,250 + (39% 113,900 + (34% 3,400,000 + (35% 5,150,000 + (38% 6,416,667 + (35% + x amount over 50) x amount over 50,000) x amount over 75,000) x amount over x amount over 100,000) 335,000) x amount over 10,000,000) x amount over 15,000,000) x amount over 18,333,333) Done