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If a corporation receives $50,000 in preferred stock dividends, how much tax does it pay on these dividends? The corporate tax rate is 21%. Group

If a corporation receives $50,000 in preferred stock dividends, how much tax does it pay on these dividends? The corporate tax rate is 21%.

Group of answer choices

A. $17,500

B. $3,150

C. $12,250

D. $0

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