The data shown below represent the complete taxable income history for Confederacy Corporation.The tax rate was 35% throughout the entire period 2008 through 2015: 
If the company always chooses the carryback,carryforward option,what is the tax liability for 2014?
A) $1,750
B) $8,750
C) $5,250
D) $0
Correct Answer:
Verified
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