In each of the following independent situations, determine the corporations income tax liability. Assume that all corporations

In each of the following independent situations, determine the corporation’s income tax liability. Assume that all corporations use a calendar year for tax purposes and that the tax year involved is 2022.

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Purple Corporation Azul Corporation Pink Corporation Turquoise Corporation Teal Corporation (a personal service corporation) Taxable Income $ 65,000 290,000 12,350,000 19,000,000 130,000