assume the tax rate for all c-corporations is 21%.

Question 13 2.5 pts For 20X1. Orchard Corporation receives $6,300 of tax-exempt interest Income and $12.500 of taxable interest income, and it reports $671,600 of pre-tax book Income (not net income). What is its 20x1 taxable income? $677,800 $665,300 O $652,800 $671.500