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Your firm has operating income of $800,000, interest expense of $100,000, a capital gain of $80,000 and a capital loss of $20,000. What is your
Your firm has operating income of $800,000, interest expense of $100,000, a capital gain of $80,000 and a capital loss of $20,000. What is your tax payment if the tax rate is 21%?
a) $147,000 d) $168,000 b) $159,600 e) $184,800 c) $163,800
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