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During 2022, Mario Corporation, a calendar year C corporation, had operating income of $600,000, operating expenses of $300,000, a short-term capital loss of $16,000 (from
During 2022, Mario Corporation, a calendar year C corporation, had operating income of $600,000, operating expenses of $300,000, a short-term capital loss of $16,000 (from a non-business bad debt), and a long-term capital gain of $12,000. Compute Mario's tax liability for 2022 . $63,000$255,000$252,000$53,550
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