Using the corporate tax rate schedule in Table 14-1, compute the income tax liability for the following

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Using the corporate tax rate schedule in Table 14-1, compute the income tax liability for the following situations:

Situation         Taxable Income

A ……………….       $70,000

B ………………...     85,000

C ……………….       320,000

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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