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ecpenses were $403,000, degreciation expense was $93,000, and the frm paid $151,000 in intereat on its bark loans. Alo, the corporation received $48,000 in dividend
ecpenses were $403,000, degreciation expense was $93,000, and the frm paid $151,000 in intereat on its bark loans. Alo, the corporation received $48,000 in dividend income but pad $26.000 in the form of dividends to is own common stockholders. Calculate the corporation's tax lablity by using the corporate tax rate structure in the popup window, Caiculate the gross profits. The gross proftes are : (Round to the nearest dolac)
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