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Flip's Pizzeria Inc. has the following financial items for the current year: Adjusted Taxable Income before Interest $39,000,000 Business Interest Income $750,000 Interest Expense $16,900,000
Flip's Pizzeria Inc. has the following financial items for the current year: Adjusted Taxable Income before Interest $39,000,000 Business Interest Income $750,000 Interest Expense $16,900,000 Calculate Flip's tax liability for the current year.
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