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Chapman & Power Incorporated is concerned about the taxes paid by the company. In addition to $ 1 3 5 , 0 0 0 ,
Chapman & Power Incorporated is concerned about the taxes paid by the company. In addition to $ of taxable income, the firm received $ of interest on stateissued bonds and $ of dividends on common stock it owns in Hunt Taxidermy. Use corporate tax rate of percent for your calculations.
Calculate Chapman & Power's tax liability.
Note: Enter your answer in dollars not in millions.
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