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In each of the following independent situations, determine the C corporations income tax liability. Assume that all corporations use a calendar year 2019. Taxable Violet

  1. In each of the following independent situations, determine the C corporations income tax liability. Assume that all corporations use a calendar year 2019.

Taxable

Violet Corporation

Income

$ 83,000

Indigo Corporation

380,000

Orange Corporation

810,000

Blue Corporation

RYPG

10,100,000

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