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ABC began operations in 2011. ABC has reported the following levels of taxable income (EBT) over the past several years. The corporate tax rate was

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ABC began operations in 2011. ABC has reported the following levels of taxable income (EBT) over the past several years. The corporate tax rate was 34% each year. Assume that the company has taken full advantage of the Tax Code's carry-back, carry-forward provisions, and assume that the current provisions were applicable in 2011. What is the amount of taxes the company paid in 2014? Year 2011 2012 2013 Taxable income -$3,000,000 $ 200,000 $ 500,000 $2,800,000 2014 O 170,000 none of the above 102,000 O 107.000

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