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Calvin Corporation,has the Following Items of Income and Expense for the Current

Question 82

Essay

Calvin Corporation,has the following items of income and expense for the current year.Calculate (a)Calvin's taxable income and (b)income tax liability. Calvin Corporation,has the following items of income and expense for the current year.Calculate (a)Calvin's taxable income and (b)income tax liability.

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blured image Tax liability ($10,000 × 15%)$1,500
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