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Oakdale Fashions, Incorporated's, income statement is reported below. ( Use corporate tax rate of 2 1 percent for your calculations. ) Determine the firm's tax

Oakdale Fashions, Incorporated's, income statement is reported below. (Use corporate tax rate of 21 percent for your calculations.)
Determine the firm's tax liability.
Answer is complete but not entirely correct.
Determine the firm's net income.
Answer is complete but not entirely correct.
\table[[Net income,$,130,824]]
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