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In fiscal 2011, Mass Corp. reported a statutory tax rate of 35.0%, an effective tax rate of 10.00% and a tax rate on operating profit
In fiscal 2011, Mass Corp. reported a statutory tax rate of 35.0%, an effective tax rate of 10.00% and a tax rate on operating profit of 15.00%. The 2011 income statement reported income tax expense of $1,406 million.
What did Mass Corp report as income before income tax expense that year?
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