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Corporation Growth has 89.500$ in taxable income , and Corporation Income has $8,950,000 in taxable income a)What is the tax bill for each firm? b)Suppose

Corporation Growth has 89.500$ in taxable income , and Corporation Income has $8,950,000 in taxable income

a)What is the tax bill for each firm?

b)Suppose both firms have identified a new project that will increase taxable income by $10,000.How much in additional taxes will each firm pay?

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