What is the tax liability for roberta inc

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Question 1: Roberta Inc. has almost completed the 1120 IRS form and has taxable corporate income of $265,000. What is the tax liability for Roberta Inc. at this year's corporate tax rate?

  1. $55,650
  2. $53,000
  3. $26,500
  4. $92,750

Reference no: EM132475723

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