In each of the following independent situations, determine the tentative

In each of the following independent situations, determine the tentative minimum tax. Assume that the company is not in small corporation status.

AMTI (before the

Exemption Amount)

Quincy Corporation ..........$150,000

Redland Corporation ......... 160,000

Tanzen Corporation ........... 320,000

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...