Your corporation has the following:

Sales $$500,000$

Total Assets $850,000$

Accounts Receivable $75,000$

COGS $($cost of sales$)60\%$ of sales

Accounts payable $50,000$

Selling and Admin Expense $25,000$

Interest Paid $45,000$

Dividends paid $50,000$

Assume the firm has a $40\%$ tax rate. How much will the firm pay in taxes? $($Remember$,$ think about what is paid before tax and what is paid after tax and what is actually on the income statement and affects taxes versus what is on the balance sheet and does not affect taxes$)$