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Compute the income tax liability

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Reference no: EM132934771

Question - Compute the income tax liability for each of the following unrelated calendar year C corporations.

Darter Corporation has taxable income of $69,300.

Owl Corporation has taxable income of $13,996,000.

Toucan Corporation, a personal service corporation, has taxable income of $665,000.

Reference no: EM132934771

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