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TantorSupply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2018 the firm earned $92,500 before

TantorSupply, Inc., is a small corporation acting as the exclusive distributor of a major line of sporting goods. During 2018 the firm earned $92,500 before taxes.

a. Calculate thefirm's tax liability using a flat tax rate of 25%.

b. How much are TantorSupply's 2018 after-tax earnings?

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