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( Corporate income tax ) Sales for J . P . Hulett Inc. during the past year amounted to $ 3 . 8 million. The
Corporate income tax Sales for J P Hulett Inc. during the past year amounted to $ million. The firm supplies statistical information to engineering companies. Gross profits totaled $ million, and operating and depreciation expenses were $ and $ respectively. Dividend income for the year was $ Compute the corporation's tax liability by using the corporate tax rate structure in the popup window,
Calculate the operating profits.
The operating profits are $ Round to the nearest dollar.
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