The Snyder Company had the following income and expense items:

Sales$167,300,000Cost126,300,000Expenses39,480,000

In addition, it received both interest and dividends from the Bevins Corp., of which it owns 30%. The interest received from Bevins was $2,210,000, and the dividends were $4,100,000.

Corporate Income Tax ScheduleIncome ($) Rate (%)

0 - 50,000 15

50,000 - 75,000 25

75,000 - 100,000 34

100,000 - 335,000 39

335,000 - 15,000,000 35

15,000,000 - 18,333,333 38

Over 18,333,333 35

See the table below for the percentage exepmtions of dividends paid by corporations.

Ownership Exemption

<20% 70%

20%-80% 80%

>80 100%

Calculate Snyder's tax liability. Round the answer to the nearest dollar.