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XYZ Corp's covered compensation of all eligible employees is $ 2 , 0 0 0 , 0 0 0 . What is the maximum XYZ

XYZ Corp's covered compensation of all eligible employees is $

2, 000, 000 .

What is the maximum XYZ can contribute to the company's profit

-

sharing plan? What would happen if they contributed $

50, 000

more than this limit

?

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