What are the firm income tax liability

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Problem - The Talley Corporation had a taxable income of $335,000 from operations after all operating costs but before (1) interest charges of $67,000, (2) dividends received of $16,750, (3) dividends paid of $20,100, and (4) income taxes.

What are the firm's income tax liability and its after-tax income?

Reference no: EM132465504

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