p1-7 corporate taxes Tantor Supply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2020, the firm earned $1,863,600 before taxes.
a. calculate the firm's tax liability
b. how much are Tantor Supply's 2020 after tax earnings?
c. what was the firms average tax rate based on your findings in part a?
d. what was the firms marginal tax rate, based on findings in part a?