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Problem 3: Corporate tax liability-Brooklyn Corporation had taxable income of $4,275,000 from operations after all operating costs but before (1) interest charges of $575,000,(2) dividends

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Problem 3: Corporate tax liability-Brooklyn Corporation had taxable income of $4,275,000 from operations after all operating costs but before (1) interest charges of $575,000,(2) dividends received of $755,000, (3) dividends paid of $925,000, (4) interest income of $218,000. What are the company's federal income tax, firm's income tax liability and its after-tax income

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