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Martin has a controlling interest in Rowen's outstanding stock. At the current year-end, the following information has been accumulated for these two companies: Martin uses

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Martin has a controlling interest in Rowen's outstanding stock. At the current year-end, the following information has been accumulated for these two companies: Martin uses the initial value method to account for the investment in Rowen. The separate operating income figures just presented Include nelther dividend nor other investment income. The effective tax rate for both companies is 21 percent. 0. Assume that Martin owns 100 percent of Rowen's voting stock and is filing a consolidated tax return. What income fax ankourt de this affillated group pay for the current period? b. Assume that Martin owns 92 percent of Rowen's voting stock and is filling a consolidated tax return. What amount of income taxedoes this affillated group pay for the current period? c. Assume that Martin owns 65 percent of Rowen's voting stock, but the companies elect to file separate tax returns. What is the tot amount of income taxes that these fwo companies pay for the current petiod? d. Assume that Martin owns 70 percent of Rowen's voting stock, requiring separate tax retums. What is the total amount of income t expense to be recognized in the consolidated income statement for the current perlod? (Round your intermediate calculotions and final answer to nearest whole dollar amount.) e. Assume that Martin owns 70 percent of Rowen's voting stock so that separate tax retums are required. What amount of income taxes does Martin have to pay for the current year

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