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in 2020, Garner grocers had a taxable income of -$1.8 million. The corporate tax rate is 25%. Assume that the company takes full advantage of
in 2020, Garner grocers had a taxable income of -$1.8 million. The corporate tax rate is 25%. Assume that the company takes full advantage of the tax codes carry forward provision. In 2021, Garner has taxable income of $1 million. What is the amount of taxes the company paid in 2021?
$450,000
$750,000
0 dollars
$250,000
$ 1.350000
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