Boom Corporation, a personal holding company, has the following results: A) $33,600 B) $31,920 C) $34,020 D) $38,020

QUESTION 20 Boom Corporation, a personal holding company, has the following results: Taxable income Dividends-received deduction Excess current year charitable contributions over 10% limit Long-term capital gains Federal income taxes Calculate the PHC tax. O A) S33.600 O B) S31,920 O C) S34,020 O D) S38.020 $200,000 30,000 10,000 10,000 42,000