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Required: A. Calculate the minimum Net Income For Tax Purposes for MSL for the year ending December 31, 2011. B. Calculate the minimum Taxable Income

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Required: A. Calculate the minimum Net Income For Tax Purposes for MSL for the year ending December 31, 2011. B. Calculate the minimum Taxable Income for MSL for the year ending December 31, 2011. Indicate the amount, and type, of any loss carry overs that are available at the end of the year. C. Calculate the minimum federal Part I Tax Payable for MSL for the year ending December 31, 2011

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