A small corporation had $5M in sales in 2018, $900k in depreciable assets, and $3.5M in expenses. Using the tax table for 2018, what is their taxable income and how much tax should they pay?
A. $5M taxable income, $1.05M taxes
B. $5M taxable income, $1.7M taxes
C. $600k taxable income, $126k taxes
D. $600k taxable income, $204k taxes