Jahlil Corporation has GAAP net income of $$4,670,000,000.$ To compute Jahlil's AFSI, the following items may require adjustment:

Federal income tax expense for book purposes totals $$1,074,100,000.$

MACRS depreciation is $$950,000,000$; book depreciation is $$564,000,000.$

Book net operating loss carryforwards total $$330,000,000.$

Required:

a$.$ Compute Jahlil Corporation's AFSI.

b$.$ If Jahlil's regular tax liability is $$747,500,000,$ compute the corporation's tentative minimum tax, AMT, and total tax liability.

Complete this question by entering your answers in the tabs below.

Required A

Required B

If Jahlil's regular tax liability is $$747,500,000,$ compute the corporation's tentative minimum tax, AMT, and total tax liability.

Tentative minimum tax

$ $544,520,000$

AMT

Total tax liability