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a. During 2020, Taxus Corporation has ordinary income of $110,000, a long-term capital loss of $20,000, and a short-term capital loss of $5,000. Calculate Taxus
a. During 2020, Taxus Corporation has ordinary income of $110,000, a long-term capital loss of $20,000, and a short-term capital loss of $5,000. Calculate Taxus Corporation's tax liability. b. Maxus C...
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