The state in which Zyn Inc. operates imposes a 15% corporate tax rate. Zyn had a taxable income of $10,000,000 last year. Using the attached Federal Tax Schedule, calculate Zyns total taxes for last year.

Taxable Income	Tax Rate	Corporate Income Tax
Not over $50,000 $50,000 - $75,000 $75,000 - $100,000 $100,000 - $335,000 $335,000 - $10 million $10 million - $15 million $15 million - $18,333,333 $18,333,333	15% 25% 34% 39% 34% 35% 38% 35%	15% over $0 $7,500 + 25% over $50,000 $13,750 + 34% over $75,000 $22,250 + 39% over $100,000 $113,900 + 34% over $335,000 $3,400,000 + 35% over $10 million $5,150,000 + 38% over $15 million Flat rate at 35%