Bengal Corporation’s reported book income was $30,000,000. Bengal’s net income included straight-line depreciation of $3,500,000, $25,000 of City of Denver bond interest, $4,000,000 of dividend income from a 30%-owned U.S. corporation, and $6,800,000 of Federal income tax expense. Bengal Corporation paid $8,000,000 to the U.S. government toward its current-year tax liability. Bengal’s MACRS deduction for the year totaled $2,000,000. How much Federal income tax will Bengal owe (or receive as a refund)?