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Question 6 (6 points) Question 6 (6.marks) Dire Wolf Company's taxable income for the first five years was as follows: Year Tax Rate Income Taxes

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Question 6 (6 points) Question 6 (6.marks) Dire Wolf Company's taxable income for the first five years was as follows: Year Tax Rate Income Taxes Paid 2016 2017 2018 2019 2020 Taxable Income $125,000 $190,000 $25,000 $298,000 S(460,000) 40% 40% 38% 35% 38% $50,000 $76,000 $9,500 $104,300 Prepare the tax recovery calculation for 2020: Format UA Year Carry back amount Tax Rate Tax Recovery Amount

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