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Problem 2 - 7 Corporate Taxes ( LG 2 - 3 ) Oakdale Fashions, Inc. ' s , 2 0 2 1 income statement is

Problem 2-7 Corporate Taxes (LG2-3)
Oakdale Fashions, Inc.'s,2021 income statement is reported below. (Use corporate tax rate of 21 percent for your calculations.)
\table[[Oakdale Fashions, Inc., Income Statement for 2021],[Net sales (all credit),$625,000
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