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In 2 0 2 4 , Ryan Corp., had the following: Income from operations of $ 3 5 0 , 0 0 0 ; Cost

In 2024, Ryan Corp., had the following: Income from operations of $350,000; Cost of Goods Sold of $150,000; Operating Expenses of $30,000; and Dividend Income from unrelated taxable domestic corporations less than 20% owned of $100,000. What is Ryan's taxable income and resulting income tax:

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