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10 Problem 11-20 (Static) [LO 11-5] 10 points Jahlil Corporation has GAAP net income of $4,670,000,000. To compute Jahlil's AFSI, the following items may require
10 Problem 11-20 (Static) [LO 11-5] 10 points Jahlil Corporation has GAAP net income of $4,670,000,000. To compute Jahlil's AFSI, the following items may require adjustment: Federal income tax expense for book purposes totals $1,074,100,000. MACRS depreciation is $950,000,000; book depreciation is $564,000,000. Book net operating loss carryforwards total $330,000,000. Required: o. Compute Jahlil Corporation's AFSI. b. If Jahlir's regular tax liability is $747,500,000, compute the corporation's tentative minimum tax, AMT, and total tax liability. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. If Jahili's regular tax liability is $747,500,000, compute the corporation's tentative minimum tax, AMT
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