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During 2020, Coronado Inc had sales revenue $1374000, gross profit $732700, operating expenses $472000, cash dividends $94600. other expenses and losses $43700. Its corporate tax
During 2020, Coronado Inc had sales revenue $1374000, gross profit $732700, operating expenses $472000, cash dividends $94600. other expenses and losses $43700. Its corporate tax rate is 30%. What was Coronado's income tax expense for the year? $472000 564600 $193800 $65100
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