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angel inc, a c corporation had 70000 net income from operations and 20000 short term capital loan. assuming angel inc doesnt have other taxable income,

angel inc, a c corporation had 70000 net income from operations and 20000 short term capital loan. assuming angel inc doesnt have other taxable income, deduction or credits. Its tax liability is: 70000, 50000,20000, 4200 or 14700

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