(Corporate income​ tax)  Sales for J. P. Hulett Inc. during the past year amounted to $4.2 million. Gross profits totaled$1.09 ​million, and operating and depreciation expenses were $503,000 and $360,000​, respectively. Dividend income for the year was $11,000​, which was paid by a firm in which Hulett owns 85 percent of the shares. Use the corporate tax rates shown in the popup​ window, LOADING...​, to Comcute the​ corporation's tax liability. What are the​ firm's average and marginal tax​ rates? What is the​ firm's tax liability amount for the year is? ​(Round to the nearest​ dollar.)

(Corporate income tax) Sales for J. P. Hulett Inc. during the past year amounted to $3.5 million. Gross profits totaled $1.01 million, and operating and depreciation expenses were $494,000 and $347,000, respectively. Dividend income for the year was $13,000, which was paid by a firm in which Hulett owns 85 percent of the shares. Use the corporate tax rates shown in the popup window, to Comcute the corporation's tax liability. What are the firm's average and marginal tax rates? The firm's tax liability for the year is $. (Round to the nearest dollar.) The firm's average tax rate is%. (Round to two decimal places.) The firm's marginal tax rate is %. (Round to the nearest integer.) 3 E D C 80 $ 4 R F DOD 000 F4 V % 5 T FS B A 6 Y MacBook Air F6 H & 7 N Data table Marginal Tax Rate 15% 25% 34% 39% $335,001-$10,000,000 34% $10,000,001-$15,000,000 35% $15,000,001-$18,333,333 38% Over $18,333,333 35% (Click on the icon in order to copy its contents into a spreadsheet.) 44 F7 D J * 8 Taxable…

​(Corporate income​ tax)  Sales for J. P. Hulett Inc. during the past year amounted to $4.4 million. Gross profits totaled $1.08 million, and operating and depreciation expenses were $507,000 and $359,000​, respectively. Dividend income for the year was $14,000​, which was paid by a firm in which Hulett owns 85 percent of the shares. Use the corporate tax rates shown in the popup​ window, LOADING…, to Comcute the​ corporation's tax liability. What are the​ firm's average and marginal tax​ rates?

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Sales for J. P. Hulett Inc. during the past year amounted to $4.3 million. Gross profits totaled $1.06 ​million, and operating and depreciation expenses were $493,000 and $357,000​, respectively. Dividend income for the year was $11,000​, which was paid by a firm in which Hulett owns 85 percent of the shares. Use the corporate tax rates shown in the popup​ window,   Taxable Income   Marginal Tax Rate    ​$0−​$50,000 ​ 15%    ​$50,001−​$75,000 ​ 25%    ​$75,001−​$100,000 ​ 34%    ​$100,001−​$335,000 ​ 39%    ​$335,001−​$10,000,000 ​ 34%    ​$10,000,001−​$15,000,000 ​ 35%    ​$15,000,001−​$18,333,333 ​ 38%   Over​ $18,333,333 ​ 35% to Comcute the​ corporation's tax liability. What are the​firm's average and marginal tax​ rates?

(Corporate income tax) G. R. Edwin Inc. had sales of $6.07 million during the past year. The cost of goods sold amounted to $2.99 million. Operating expenses totaled $2.54 million, and interest expense was $33,000. Determine the firm's tax liabilityby using the corporate ta rate structure in the popup window, Calculate the gross profits. The gross profits are $3,080,000. (Round to the nearest dollar.) Calculate the taxable income. The taxable income is $ 507,000. (Round to the nearest dollar. Calculate the total tax due. The total tax due is $. (Round to the nearest dollar) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Corporate Tax Rates 15% 25% 34% 35% (*) Print Additional surtax: * 5% on income between $100,000 and $335,000 • 3% on income between $15,000,000 and $18,333,333 $50,001-$75,000 $75,001-$10,000,000 over $10,000,000 Done $0-$50,000 X

(Corporate income tax) G. R. Edwin Inc. had sales of $6.19 million during the past year. The cost of goods sold amounted to $2.7 million. Operating expenses totaled $2.54 million, and interest expense was $29,000. Use the corporate tax rates shown in the popup window, E, to determine the firm's tax liability. What are the firm's average and marginal tax rates? Data table (Round to the nearest dollar.) The firm's tax liability for the year is $ The firm's average tax rate is ☐ %. (Round to two decimal places.) The firm's marginal tax rate is ☐ %. (Round to the nearest integer.) Taxable Income Marginal Tax Rate $0-$50,000 15% $50,001-$75,000 25% $75,001-$100,000 34% $100,001-$335,000 39% $335,001-$10,000,000 34% $10,000,001-$15,000,000 35% $15,000,001-$18,333,333 38% Over $18,333,333 35% (Click on the icon in order to copy its contents into a spreadsheet.) -

(Corporate income tax) G. R. Edwin Inc. had sales of $5.99 million during the past year. The cost of goods sold amounted to $2.9 million. Operating expenses totaled $2.56 million, and interest expense was $21,000. Use the corporate tax rates shown in the popup window, to determine the firm's tax liability. What are the firm's average and marginal tax rates? The firm's tax liability for the year is $. (Round to the nearest dollar.) The firm's average tax rate is %. (Round to two decimal places.) The firm's marginal tax rate is %. (Round to the nearest integer.) 2 W S X mmand 3 20 E D $ 4 C DOO DDD F4 R F % 5 V FS T G 6 B MacBook Air F6 Y & 7 Data table H Over $18,333,333 35% (Click on the icon in order to copy its contents into a spreadsheet) 44 F7 U N Taxable Income $0-$50,000 $50,001-$75,000 $75,001-$100,000 $100,001-$335,000 39% $335.001-$10.000.000 34% $10,000,001-$15,000,000 35% $15,000,001-$18,333,333 38% * 8 J DII 76 - Print 1 M 9 K DE Marginal Tax Rate 15% 25% MOSISO 19 O Done 1…

G. R. Edwin Inc. had sales of $5.88 million during the past year. The cost of goods sold amounted to $2.8 million. Operating expenses totaled $2.57 ​million, and interest expense was $30,000. Use the corporate tax rates shown in the popup​ window,   Taxable Income   Marginal Tax Rate    ​$0−​$50,000 ​ 15%    ​$50,001−​$75,000 ​ 25%    ​$75,001−​$100,000 ​ 34%    ​$100,001−​$335,000 ​ 39%    ​$335,001−​$10,000,000 ​ 34%    ​$10,000,001−​$15,000,000 ​ 35%    ​$15,000,001−​$18,333,333 ​ 38%   Over​ $18,333,333 ​ 35% ​, to determine the​ firm's tax liability. What are the​ firm's average and marginal tax​ rates?

Sales for J. P. Hulett Inc. during the past year amounted to $4.0 million. Gross profits totaled $1.00 million, and operating and depreciation expenses were $500,000 and $350,000​, respectively. Dividend income for the year was $12,000​, which was paid by a firm in which Hulett owns 85 percent of the shares. Use the corporate tax rates shown in the popup​ window, to Comcute the​ corporation's tax liability. What are the​ firm's average and marginal tax​ rates?    Taxable Income   Marginal Tax Rate    ​$0−​$50,000 ​ 15%    ​$50,001−​$75,000 ​ 25%    ​$75,001−​$100,000 ​ 34%    ​$100,001−​$335,000 ​ 39%    ​$335,001−​$10,000,000 ​ 34%    ​$10,000,001−​$15,000,000 ​ 35%    ​$15,000,001−​$18,333,333 ​ 38%   Over​ $18,333,333 ​ 35% The firm's tax liability for the year is?