Question: Turbo is a U.S. corporation. This year, it earned $5 million before-tax income and paid $175,000 income tax to jurisdictions other than the United States.

Turbo is a U.S. corporation. This year, it earned $5 million before-tax income and paid $175,000 income tax to jurisdictions other than the United States. Compute Turbo's U.S. federal income tax assuming that:

a. The other jurisdictions were Ireland and Germany, and Turbo's foreign tax credit was not limited.

b. The other jurisdictions were the states of Pennsylvania and New Jersey?

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