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ABC company had a taxable income of $583,895 from operations after all operating costs but before interest charges of $55,955, dividends received of $45,959, dividends
ABC company had a taxable income of $583,895 from operations after all operating costs but before interest charges of $55,955, dividends received of $45,959, dividends paid of $10,000, and income taxes. What is the firm's after-tax income?
Hint: first use the tax table to compute taxes before calculating the after-tax income.
Note: Enter your answer rounded off to two decimal points.
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