Allred Corporation has taxable income of $467,000 and a general business credit of $46,000.Determine the corporation's refund or net tax due if it made estimated tax payments of $80,000.

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The Answer of Allred Corporation has taxable income of $467,000 and a general business credit of $46,000.Determine the corporation's refund or net tax due if it made estimated tax payments of $80,000.

Allred Corporation Has Taxable Income of $467,000 and a General