Laura Corporation Changed Its Tax Year-End from July 31st to December

Laura Corporation changed its tax year-end from July 31st to December 31st in 2018. The income for the period August 1, 2018 through December 31, 2018 was $35,000. The corporate tax rate in the state where the corporation performs all of its business is 5% on the first $50,000 of income and 7% on income above $50,000. Laura's state tax for the short period is $2,033.