Final answer:
Without the specific tax rates or brackets, it's impossible to determine the precise tax liability for the corporation. An example calculation was provided using a hypothetical tax rate to illustrate how one would calculate the tax owed.
Step-by-step explanation:
To calculate the tax liability of a corporation with a net income before taxes of $1,915,400, we must apply the relevant tax rate(s) to this income according to the tax code. Unfortunately, you've not provided the tax rates or brackets, and tax computations can be complex, involving varying rates for different portions of the income. If we had a tax table similar to Table 1 mentioned, which provided a base tax plus a marginal tax rate applied to the income over a certain threshold, we could model a similar calculation. For example, if the corporation falls into a tax bracket that requires it to pay a base tax of $500,000 plus 25% on the amount over $1 million, the calculation would be as follows: $500,000 + 0.25 × ($1,915,400 - $1,000,000).
This would result in a tax payment of $500,000 + 0.25 × $915,400, which equates to $500,000 + $228,850 for a total tax liability of $728,850. However, this is a hypothetical example since actual tax rates and brackets were not provided.