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Flip's Pizzeria Inc. has the following financial items for the current year: Adjusted Taxable income before Interest $4,400,000 Interest Income $60,000 Business Interest Expense $100,000

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Flip's Pizzeria Inc. has the following financial items for the current year: Adjusted Taxable income before Interest $4,400,000 Interest Income $60,000 Business Interest Expense $100,000 Calculate Flip's tax liability for the current year. A B D E 1 2 Taxable Liability = 3 4 un 6 7 8 9 10

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