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A company reports the following: Tax rate = 35% 2012 2013 2014 Taxable income 2,000 2,500 -1,500 Taxes paid -700 -875 0 How much of

A company reports the following:

Tax rate = 35% 2012 2013 2014
Taxable income 2,000 2,500 -1,500
Taxes paid -700 -875 0

How much of a tax refund will be received in 2012 and 2013?

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