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Blue Company has taxable income of $90,000 before charitable contributions. The company made a $10,000 cash contribution to the local university. What is the tax

Blue Company has taxable income of $90,000 before charitable contributions. The company made a $10,000 cash contribution to the local university. What is the tax liability of the company for the year?

		$22,250.
		$18,900.
		$16,800.
		$17,010

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