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Baker Inc. currently has taxable income of $1,000,000. Baker is considering adding an operation that would have first year, the current year, income after operating

Baker Inc. currently has taxable income of $1,000,000. Baker is considering adding an operation that would have first year, the current year, income after operating expenses but before depreciation of $325,000. Equipment needed for this operation would cost $800,000 to install and classifies as 5 year MACRS property. b. What is Bakers federal income tax after the new operation is added

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