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Qualitycopy Corporation has income before income tax of $120,000 and taxable income of $90,000. The income tax rate is 40%. Qualitycopy Corporation must immediately pay
Qualitycopy Corporation has income before income tax of $120,000 and taxable income of $90,000. The income tax rate is 40%. Qualitycopy Corporation must immediately pay income tax of A. $48,000. B. $72,000. C. $54,000. D. $36,000
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