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The SGS Co. had $120,000 in taxable income. Use the rates from Table 2.3. (Do not round intermediate calculations and round your answer to the

The SGS Co. had $120,000 in taxable income. Use the rates from Table 2.3. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Calculate the companys income taxes.

Income taxes $

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