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Required information Problem 15-52 (LO 15-3) The following information applies to the questions displayed below) In its first year of existence (year 1), SCC corporation

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Required information Problem 15-52 (LO 15-3) The following information applies to the questions displayed below) In its first year of existence (year 1), SCC corporation (a C corporation) reported a loss for tax purposes of $30,000 How much tax will SCC pay in year 2 if it reports taxable income from operations of $20,000 before considering loss carryovers under the following assumptions? (New Corporate income tax rate has been mentioned as "21% on all texable income" as per the recent change. Leave no answer blank, Enter zero if applicable.) Problem 15-52 Part b b. Year 1 is 2018. SCC Tax liabilty in Year 2

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