sales for j. P Hultlett Inc. during the past year amount to 3.9 million. Gross profits totaled $1.06 million, and operating and depreciation expenses were 496,000 and 358,000 respectively. Dividend income for the year was $14,000 which was paid by a firm in which hulett owns 80 percent of the shares. use the corperate tax rates shoen im the popup window to calculate the corperation tax liability. what are the firm marginal tax rates?

Taxable income Marginal Tax Rate $0-$50,000 15% $50,001 - $75,000 25% $75,001 - $100,000 34% $100,001 - $335,000 39% $335,001 - $10,000,000 34% $10,000,001 - $15,000,000 35% $15,000,001 - $18,333,333 38% Over $18,333,333 35% He icon in order to copy its contents into a spreadsh