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Compute the current-year income tax liability for each of the following unrelated calendar year C corporations. a. Darter Corporation has taxable income of $66,900. $____________________________
Compute the current-year income tax liability for each of the following unrelated calendar year C corporations.
a. Darter Corporation has taxable income of $66,900. $____________________________
b. Owl Corporation has taxable income of $13,276,000. $___________________________
c. Toucan Corporation, a personal service corporation, has taxable income of $1,165,000. $__________________________
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