Griffey Communications recently realized $125,000 in operating income.The company had interest income of $25,000 and realized $70,000 in dividend income.The company's interest expense was $40,000. Using the corporate tax schedule above,what is Griffey's tax liability?
A) $29,442
B) $30,992
C) $32,623
D) $34,340
E) $36,057
Correct Answer:
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