Sandersen Inc. sells minicomputers. During the past year, the company's sales were $3.03 million. The cost of its merchandise sold came to $1.94 million, and cash operating expenses were $380,000; depreciation expense was $90,000, and the firm paid $149,000 in interest on its bank loans. Also, the corporation paid $23,000 in the form of dividends to its own common stockholders. Calculate the corporation's tax liability by using the corporate tax rate structure in the popup window,

15%	$0$50,000
25%	$50,001$75,000
34%	$75,001$10,000,000
35%	over $10,000,000
Additional surtax:
5% on income between $100,000 and $335,000
3% on income between $15,000,000 and $18,333,333