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In 2018, Kramerica Industries had a loss of $37,500. Assume that Kramerica takes full advantage of the Tax Code's carry-forward provision. In 2019, Kramerica has
In 2018, Kramerica Industries had a loss of $37,500. Assume that Kramerica takes full advantage of the Tax Code's carry-forward provision. In 2019, Kramerica has taxable income of $65,750. How much will Kramerica pay in income taxes in 2019? Round to the nearest dollar. O $7,063 $7,938 $7,313 $6,125 O $6,163
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