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Shimmer Inc. is a calendar-year-end, accrual method corporation. This year, it sells the following long-term assets: Shimmer does not sell any other assets during the

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Shimmer Inc. is a calendar-year-end, accrual method corporation. This year, it sells the following long-term assets: Shimmer does not sell any other assets during the year, and its taxable income before these transactions is $886.000. What are Shimmer's taxable income and tax liability for the year? Use Corporate Tax Rate

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