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In the current year, Coffee, Inc., a calendar - year taxpayer, had income of $ 2 0 0 , 0 0 0 that includes net

In the current year, Coffee, Inc., a calendar-year taxpayer, had income of $200,000 that includes net long-term capital gains of $120,000 and short-term capital losses of $10,000. What is Coffees tax liability?
A.
$42,000
B.
$50,000
C.
$20,000
D.
$30,000

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