. Problem 4 | Part 2 What is the correctly calculated tax due on a corporate taxable income of $13,550,000? 2017 Corporate Tax Rates Taxable income Tax rate Tax computation 0-$50,000 15% $0 + 0.15(4) $50,00 1-$75,000 25% $7,500+ 0.25 (1) $75,00 1-$100,000 34% $13,750 + 0.34(4) $100,001-$335,000 39% $22,250 + 0.39 (A) 2018 Corporate Tax Rates Taxable income Tax rate 0-550,000 $50,001-$75,000 21% $75.001-$100,000 $100,001-$335,000 $335.001-$10,000,000 $10,000,001-$15,000,000 21% $15.000,001-$18,333.333 21% $18,333.334 and Up 21% Instructions: Using 2018 Corporate Income Tax Rate, calculate the tax due: Note: Enter the answer in the format 1234.00 (using absolute values only, don't worry about negative values) without commas, or any symbol leg. 5. +, etc.) 21% 21% 21% 21%