Question: Compute ACC, Inc.'s tentative minimum tax (TMT), alternative minimum tax (AMT), and minimum tax credit (MTC) in each of the following alternative scenarios: a. ACC's

Compute ACC, Inc.'s tentative minimum tax (TMT), alternative minimum tax (AMT), and minimum tax credit (MTC) in each of the following alternative scenarios:
a. ACC's alternative minimum tax base is $500,000 and its regular tax liability is $80,000.
b. ACC's alternative minimum tax base is $300,000 and its regular tax liability is $80,000.
c. ACC's alternative minimum tax base is $1,000,000 and its regular tax liability is $250,000.

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