Question: 1. For this week I will ask everyone to continue engaging in some additional application and research. Please answer the following question: The Dot Corporation

1. For this week I will ask everyone to continue engaging in some additional application and research. Please answer the following question:

The Dot Corporation has changed its year-end from a calendar year-end to August 31. The income for its short period from January 1 to August 31 is $54,000. The tax for this short period is how much? Please show all calculations to demonstrate how you arrived at your answer.

In your response, please make sure to take all of the facts above into consideration. You can refer back to the text, lecture videos, and the IRS website.

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