The tax liability of a corporation with ordinary income of $1,100,000 is _________.
A. $362,250
B. $340,000
C. $374,000
D. $390,000
Answer:C
The tax liability of a corporation with ordinary income of $1,100,000 is _________.
A. $362,250 B. $340,000 C. $374,000 D. $390,000