Your consulting firm earns income of $338,000 in a given year. The state tax rate is 2.1% and the federal tax rate is paid according to the following schedule (there are no other taxes). How much, in total, does the firm pay in taxes (provide your answer with $1000 precision)? Income Tax Rate $1 to $50,000 15% $50,001 to $75,000 25% $75,001 to $100,000 34% $100,001 to $335,000 39% $335,001 to $10M 34% $10,000,001 to $15M 35% $15,000,001 to $18,333,333 38% Over $18,333,333 35%