In Each of the Following Independent Situations, Determine the Corporation's

Essay

In each of the following independent situations, determine the corporation's income tax liability. Assume that all corporations use a calendar year and that the year involved is 2014.
$\begin{array}{lr}& \text { Taxable } \\& \text { Income } \\\text { Violet Corporation } & 63,000 \\\text { Indigo Corporation } & 180,000 \\\text { Orange Corporation } & 510,000 \\\text { Blue Corporation } & 11,100,000 \\\text { Green Corporation (personal service } & 225,000 \\\text { corporation) } &\end{array}$