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Cranberry Corporation has $ 3 , 4 0 8 , 0 0 0 of current year taxable income. Use 2 0 1 7 tax rate
Cranberry Corporation has $ of current year taxable income. Use tax rate schedule if needed.
Required:
If the current year is a calendar year ending on December calculate Cranberry's regular income tax liability.
If the current year is a calendar year ending on December calculate Cranberrys regular income tax liability.
If the current year is a fiscal year ending on April calculate Cranberry's regular income tax liability.
Note: Do not round intermediate calculations.
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