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Flip's Pizzeria Inc. has the following financial items for the current year: Adjusted Taxable Income before Interest $7,700,000 Interest Income $75,000 Business Interest Expense $350,000

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Flip's Pizzeria Inc. has the following financial items for the current year: Adjusted Taxable Income before Interest $7,700,000 Interest Income $75,000 Business Interest Expense $350,000 Calculate Flip's tax liability for the current year. Taxable Liability 4 9 10

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