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Required Information

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Calculate Anaheim Corporation's excess net passive income tax in each of the following alternative scenarios:

Note: Leave no answer blank. Enter zero If applicable.

b$.$ Passive investment income, $$100,000$; expenses associated with passive investment income, $$70,000$; gross recelpts, $$120,000$;

taxable income If a C corporation, $$1,200$; corporate Earnings and profit, $$30,000.$