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Garden Corporation had net profits from business operations of $ 8 0 , 0 0 0 in the current year. In addition, it sold machinery

Garden Corporation had net profits from business operations of $80,000 in the current year. In addition, it sold machinery used in its business for $150,000. The machinery had an adjusted basis of $135,000, and $50,000 of depreciation had been claimed. What is Gardens tax liability for the current year ended December 31?

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