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Melodious Music is a piano store organized as a C corporation. This year, the corporation had net taxable income of $50,000. It distributed $50,000 to
Melodious Music is a piano store organized as a C corporation. This year, the corporation had net taxable income of $50,000. It distributed $50,000 to its shareholders. What is the corporation's total income tax reported on Form 1120 ? $5,000$7,300$10,500$22,400
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