22 Not yet answered Marked out of 6.00 Flag question ABC Corporation has earned a net profit of $ 500,000 during the current financial year, which includes Expenses that are not allowed under the tax law $25000 Worth of income that is not taxable under US tax $ 35000 Besides $42000 worth of income has not included in the above net profit out of which $20000 taxable and $22000 is not taxable. The tax rate applicable to the company is 21%. Calculate the due amount of corporation tax. 1 A BI