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The Wendt Corporation had $11.5 million of taxable income a. What is the company's federal income tax bill for the year? Enter your answer in

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The Wendt Corporation had $11.5 million of taxable income a. What is the company's federal income tax bill for the year? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. b. Assume the firm receives an additional $2.75 million of interest income from some bonds it owns. What is the tax on this interest income? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. C. Now assume that Wendt does not receive the interest income but does receive an additional $2.25 million as dividends on some stock it owns. What is the tax on this dividend income? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. The Wendt Corporation had $11.5 million of taxable income a. What is the company's federal income tax bill for the year? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. b. Assume the firm receives an additional $2.75 million of interest income from some bonds it owns. What is the tax on this interest income? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000. C. Now assume that Wendt does not receive the interest income but does receive an additional $2.25 million as dividends on some stock it owns. What is the tax on this dividend income? Enter your answer in dollars. For example, an answer of $1.2 million should be entered as 1,200,000

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