Question: O operating return on assets. D Question 7 5 pts Assume a corporation has $100,000 of taxable income from operations, $10,000 of interest income, and

O operating return on assets. D Question 7 5 pts Assume a corporation has $100,000 of taxable income from operations, $10,000 of interest income, and $10,000 of dividend income. The company holds more than 20% of other company's stock. What is its tax liability? Rate on Taxable Income Tax on Base amount above base 75000 - 100000 13.750 34% 100000- 22.250 39% 335,000 O $32.050 $27.320 O $25.370 $30,050 Question 8 5 pts

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