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Question in the picture (Corporate income tag Sales for J P Hulett lncz during the past year amounted to $44 milliorL The firm supplies statistical

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(Corporate income tag Sales for J P Hulett lncz during the past year amounted to $44 milliorL The firm supplies statistical information to engineering companie. Gross profits totaled $1 M 3 million, and operating and depreciation expenses were $491 1000 and $3551000, Dividend income for the year was $1 1 ,BOII Compute the corporation's tax liability by using the corporate tax rate structure in the popup window, Calculate the operating profit. The operating profits are $ (Round to the nearest dollar) Data table (Click on the following icon in order to copy its contents into a spreadsheet) Corporate Tax Rates Additional surtax: 5% on income between 3% on income between $751001 over $1001000 and $3351000 and $1813331333 Done

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