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Last year, Coventry Corporation had sales of $40 million cost of goods sold of $15 million and operating expenses amounting to $6,500,000. Coventry paid 6%

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Last year, Coventry Corporation had sales of $40 million cost of goods sold of $15 million and operating expenses amounting to $6,500,000. Coventry paid 6% interest on $25 million in outstanding bonds. The company received $150,000 in dividend income, and sold property for a $200,000 capital gain. What was the firm's tax payment? $3.585.750 O $3.643.500 O $3,627,750 O $3.570.000 O $3,885.000 Last year, Coventry Corporation had sales of $40 million cost of goods sold of $15 million and operating expenses amounting to $6,500,000. Coventry paid 6% interest on $25 million in outstanding bonds. The company received $150,000 in dividend income, and sold property for a $200,000 capital gain. What was the firm's tax payment? $3.585.750 O $3.643.500 O $3,627,750 O $3.570.000 O $3,885.000

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