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Boyce Industries, a manufacturing corporation, has accumulated earnings of $325,000 and cannot show any reasonable need for the accumulated earnings. What is Boyce's accumulated earnings
Boyce Industries, a manufacturing corporation, has accumulated earnings of $325,000 and cannot show any reasonable need for the accumulated earnings. What is Boyce's accumulated earnings tax? a. $0 b. $13,750 C. $15,000 d. $75,000
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