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Hallick, Incorporated has a fiscal year ending June 30 . Toxable income was $5,500,000 for its year ended June 30, 2018, and it projects simllar
Hallick, Incorporated has a fiscal year ending June 30 . Toxable income was $5,500,000 for its year ended June 30, 2018, and it projects simllar taxable income for its 2022 fiscal year. Use 2017 tax rate 5 chedule if needed. Required: a. Compute Hallick's regular tax liablity for its June 30,2018 , tax year. b. Compute Hallick's projected regular tax liablity for its June 30,2022 , tax year
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