Mauve Corporation began operations as a farm supplies business and used a fiscal year ending October 31. The company gradually went out of the farm supplies business and into the mail-order Christmas gifts business.

The company has received permission from the IRS to change to a fiscal year ending January 31, effective for the year ending January 31, 2018. For the short period November 1, 2017, through January 31, 2018, Mauve earned $20,000. Calculate Mauve’s tax liability for the short period November 1, 2017, through January 31, 2018.