000 0 If a company's tax rate is 21%, which of the following is of the most benefit to a corporation which, before taking this into account, has taxable income of $65,000? A tax exclusion of $7,000 A tax credit of $9,000 A tax deduction of $10,000 Interest received on a municipal bond of $5,000 Tax exclusion of $2,000 and a tax deduction of $5,000