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Requirements What is Theta Corporation's income tax liability assuming its taxable income is (a) $98,000, (b) $330,000, and (c) $52 million. b. How would your
Requirements What is Theta Corporation's income tax liability assuming its taxable income is (a) $98,000, (b) $330,000, and (c) $52 million. b. How would your answers change if Theta were a personal service corporation? a. Requirement a. (a) What is Theta Corporation's income tax liability assuming its taxable income is $98,000. Theta Corporation's income tax liability is Requirement a. (b) What is Theta Corporation's income tax liability assuming its taxable income is $330,000. Theta Corporation's income tax liability is Requirement a. (c) What is Theta Corporation's income tax liability assuming its taxable income is $52 million. (Enter your answer as a full dollar amount, not millions.) Theta Corporation's income tax liability is Requirement b. How would your answers change if Theta were a personal service corporation? (a) Assume its taxable income is $98,000. Theta Corporation's income tax liability as a personal service corporation is (b) Assume its taxable income is $330,000. Theta Corporation's income tax liability as a personal service corporation is
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