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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 $67,700. b.
Compute the current-year income tax liability for each of the following unrelated calendar year C corporations.
a. Darter Corporation has taxable income of $67,700.
b. Owl Corporation has taxable income of $11,164,000.
c. Toucan Corporation, a personal service corporation, has taxable income of $1,765,000.
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