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Duka Corporation has the following adjusted financial statement income for the three years preceding 2023: 2020 $ 1.36 billion 2021 973 billion 2022 1.21 billion
Duka Corporation has the following adjusted financial statement income for the three years preceding 2023: 2020 $ 1.36 billion 2021 973 billion 2022 1.21 billion Required: Is Duka subject to the corporate AMT for 2023? Compute Duka's average AFSI over the three-year period
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