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Please show the calculations Terry Corporation, a C corporation, had $140,000 net income from operations and a $25,000 short-term capital loss in the current year.

Please show the calculations

Terry Corporation, a C corporation, had $140,000 net income from operations and a $25,000 short-term capital loss in the current year. Assuming 21% flat tax rate tax on the Corporation, Terry Corporation, Corporation's tax is...

a) 0

b) $21,000

c) $29,400

d) $24,150

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