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Thaddeus Conway Corporation reported the following activity during the current year: Gross Profit $69,000,000 Operating Expenses ($57,000,000) Captial Gains $17,000,000 Capital Losses ($24,000,000) The corporation's

Thaddeus Conway Corporation reported the following activity during the current year:
Gross Profit $69,000,000
Operating Expenses ($57,000,000)
Captial Gains $17,000,000
Capital Losses ($24,000,000)
The corporation's tax liability amounts to:
some other amount
$1,050,000
$6,090,000
$2,520,000

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