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r 4. Assume A Corporation has $7 million of ordinary income from its interest received from its investments on bonds from z firm. A of

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r 4. Assume A Corporation has $7 million of ordinary income from its interest received from its investments on bonds from z firm. A of asset for the amount of $60,000, corp also received a sale of a financial which originally purchased years ago at a price of$40,000. IND t i TAXABLE I a TA y LIAB ILIT 3- AVERAGE TAR RATE MARGINAL TAx RATE AND MAR GINAL INome 5- ANY E CLUSION t om ITS REC IN com E 7 6- AN y De DucTIows from THE INfo RmATION PROVIDED ABOVE

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