Flip's Pizzeria Inc. has the following financial items for the current year: Adjusted Taxable income before Interest $7,250,000 Interest Income $95.000 Business Interest Expense $200,000 Calculate Flip's tax liability for the current year. * Answer is complete but not entirely correct. D E B 1 2 Taxable Liability = $ 1,480,500 3 4 5 6 7 8 9 10