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3.4: Question 28: A company has taxable income of $758,000. The federal tax is 35% of that portion left after the state tax has been

3.4: Question 28: A company has taxable income of $758,000. The federal tax is 35% of that portion left after the state tax has been paid. The state tax is 15% of that portion left after the federal tax has been paid. Find the federal and state taxes

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