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What is MNC Inc.'s tax bill? Cost of goods sold: $100M Operating expenses excluding depreciation: $60M Dividends paid: $2M Tax deductible Interest expense: $20M Corporate

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What is MNC Inc.'s tax bill? Cost of goods sold: $100M Operating expenses excluding depreciation: $60M Dividends paid: $2M Tax deductible Interest expense: $20M Corporate income tax rate: 21% Depreciation-tax deductible: $15M Sales: $200M A. 0.52M B.0.63M C.1.05M D.3.05 E. None of the above

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