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Hunt Taxidermy, Incorporated, is concerned about the taxes paid by the company. In addition to $ 4 2 . 4 million of taxable income, the
Hunt Taxidermy, Incorporated, is concerned about the taxes paid by the company. In addition to $ million of taxable income, the firm received $ of interest on stateissued bonds and $ of dividends on common stock it owns in Oakdale Fashions, Incorporated. Use corporate tax rate of percent for your calculations.
Calculate Hunt Taxidermy's tax liability.
Note: Enter your answer in dollars not in millions.
Tax liability
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