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Fruit C Corporation had gross income of $ 3 8 0 , 0 0 0 , cost of goods sold of $ 1 2 0

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Fruit C Corporation had gross income of $380,000, cost of goods sold of $120,000, political contributions of $20,000, land of $25,000, entertainment of $50,000 and other expense of $35,000. What is the tax owed?
$31,500
$47,250
$27,300
$43,050
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