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Corporate Tax Rates, Corporate Capital Gains and Losses (LO 11.1, 11.2) For the 2022 tax year, Ilex Corporation has ordinary income of $200,000, a short-term
Corporate Tax Rates, Corporate Capital Gains and Losses (LO 11.1, 11.2) For the 2022 tax year, Ilex Corporation has ordinary income of $200,000, a short-term capital loss of $30,000 and a long-term capital gain of $10,000. Calculate Ilex Corporation's tax liability for 2022. fill in the blank 1 of 1$
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