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Gren Corporation is a manufacturing corporation that has accumulated earnings of $975,000. It can establish reasonable need for $400,000 of that amount. Calculate the amount

  1. Gren Corporation is a manufacturing corporation that has accumulated earnings of $975,000. It can establish reasonable need for $400,000 of that amount. Calculate the amount of accumulated earnings tax (if any) that Gren Corporation is subject to this year (2020).

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