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Flip's Pizzeria Inc. has the following financial items for the current year: Adjusted Taxable Income before interest: 36,000,000 Business Interest Income: 700,000 Interest Expense: 16,300,000

Flip's Pizzeria Inc. has the following financial items for the current year:

Adjusted Taxable Income before interest: 36,000,000

Business Interest Income: 700,000

Interest Expense: 16,300,000

Calculate Flip's Tax liability for the current year.

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