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A Wholesale Distributor, Fish Ltd, is a public corporation and has taxable income of $400,000 for the year. What is Fish Ltd's federal tax payable

A Wholesale Distributor, Fish Ltd, is a public corporation and has taxable income of $400,000 for the year. What is Fish Ltd's federal tax payable for the year?

a.51,000

b.64,000

c.116,000

d.70,000

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