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Cadillac Square Corporation determined that $1,126,300 of its research tax credit on its current-year tax return was uncertain, but that it was more likely than

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Cadillac Square Corporation determined that $1,126,300 of its research tax credit on its current-year tax return was uncertain, but that it was more likely than not to be sustained on audit. Management made the following assessment of the company's potential tax benefit from the deduction and its probability of occurring Potential Estimated Individual Cumulative Probability of Probability of %) Benefit $1,126,300 $823,550 $84,050 occurring (8) occurring ( 48 28 16 48 76 92 100 What amount of the tax benefit related to the uncertain tax position from the research tax credit can Cadillac Square Corporation recognize in calculating its income tax provision in the current year? Tax benefit amount recognized$

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