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A company has sales of $ 4 , 0 0 0 , 0 0 0 ; the firm s cost of goods sold is $

A company has sales of $4,000,000; the firms cost of goods sold is $2,500,000; and its total operating expenses are $600,000. The firms interest expense is $250,000, and the corporate tax rate is 17%. How much did the firm pay in taxes?
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$110,500
$153,000
$255,000
$212,500

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