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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 $68,100. 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 $68,100.
b. Owl Corporation has taxable income of $13,996,000.
c. Toucan Corporation, a personal service corporation, has taxable income of $1,645,000.
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