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Flip's Pizzeria Inc. has the following financial items for the current year Adjusted Taxable Income before Interest $38,800,000 Business Interest Income $800,000 Interest Expense $16,700,000

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Flip's Pizzeria Inc. has the following financial items for the current year Adjusted Taxable Income before Interest $38,800,000 Business Interest Income $800,000 Interest Expense $16,700,000 Calculate Flip's tax liability for the current year Taxable Income 10 Flip's Pizzeria Inc. has the following financial items for the current year Adjusted Taxable Income before Interest $38,800,000 Business Interest Income $800,000 Interest Expense $16,700,000 Calculate Flip's tax liability for the current year Taxable Income 10

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