State taxable income is ?$

State income tax is ?$

Federal taxable income is ?$

Federal income tax is ?$

Combined state and federal tax is ?$

Combined tax rate is

Combined state and federal tax using combined tax rate is ?$

Consider a corporation whose taxable income without state income tax is $3,600,000 Gross revenue $1,600,000 All expenses f the marginal federal tax rate is 35% and the marginal state rate is 5%, compute the combined state and federal taxes using the two methods