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6 . What is your corporation's tax liability if it has the following cash flows, assuming a marginal tax rate of 4 0 % on

6. What is your corporation's tax liability if it has the following cash flows, assuming a marginal tax rate of 40% on all income? (Note: No need to use Tax Table for this problem, but simply assume a tax rate of 40%)
Operating income $200,000
Interest received 20,000
Interest paid 50,000
Dividends received 70,000
Dividends paid 30,000

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