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  • 20-03-2024
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Corporation Growth has $82,500 in taxable income, and Corporation Income has $8,250,000 in taxable income. a. What is the tax bill for each firm?

a) $10,000 and $1,000,000
b) $5,000 and $825,000
c) $8,250 and $825,000
d) $8,250 and $825,000

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