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During 2 0 2 0 , Crane Inc. had sales revenue $ 1 3 2 9 0 0 , gross profit $ 7 3 6

During 2020, Crane Inc. had sales revenue $132900, gross profit $736600, operating expenses $438000, cash dividends $93600,
other expenses and losses $42400. Its corporate tax rate is 30%. What was Crane's income tax expense for the year?
$63600
$190800
$76860
$438000
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