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21.4pt - Your corporation has the following cash flows Operating income Interest received Interest paid Dividends received Dividends paid $250,000 $ 10,000 $ 45,000 $

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21.4pt - Your corporation has the following cash flows Operating income Interest received Interest paid Dividends received Dividends paid $250,000 $ 10,000 $ 45,000 $ 20,000 $ 50,000 e applicable income tax rate is 30% (federal and state combined), and if 60% of dividends received are exempt from taxes, what is the corporation's tax liability? (answer to nearest cents)

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