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A company had taxable income of $13 000 000 in fiscal 2013 and paid taxes of 5,800,000; the company incurred a loss of $8.ooo.000 in

A company had taxable income of $13 000 000 in fiscal 2013 and paid taxes of 5,800,000; the company incurred a loss of $8.ooo.000 in fiscal 2015 when the tax rat; is 50%.

How much refund is the company entitled to in 2015?



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