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7 D Question 7 5 pts Assume a corporation has $100,000 of taxable income from operations, $10,000 of interest income, and $10,000 of dividend income.

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D Question 7 5 pts Assume a corporation has $100,000 of taxable income from operations, $10,000 of interest income, and $10,000 of dividend income. The company holds more than 20% of other company's stock. What is its tax liability? Rate on Taxable Income Tax on Base amount above base 34% 75000 - 100000 13,750 100000- 335,000 22,250 39% $25,370 O $30,050 O $27,320 $32,050

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