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16-43 Corporate Tax Rates. Calculate Ajax Corporation's regular tax liability for the following amounts of taxable income: a. $90,000 b. $300,000 c. $5 million

16-43 Corporate Tax Rates. Calculate Ajax Corporation's regular tax liability for the following amounts of taxable income: a. $90,000 b. $300,000 c. $5 million d. $12 million e. $20 million f. Alternatively, for Parts a, b, and c above, compute Ajax's regular tax liability if it were a personal service corporation.

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