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Corporate taxesTantor Supply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2018 the firm earned

Corporate taxesTantor Supply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2018 the firm earned $90,700 before taxes.

a. Calculate the firm's tax liability using a flat tax rate of 22%.

b. How much are Tantor Supply's 2018 after-tax earnings?

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