Sage,Inc. ,has the following gross receipts and taxable income: Gross receipts Taxable income 2003 $5,600,000 $120,000 2004 4,300,000 190,000 2005 7,200,000 162,000 2006 9,000,000 180,000 2007 6,200,000 150,000 2008 6,500,000 160,000 2009 6,800,000 162,000 2010 7,000,000 154,000 2011 7,200,000 190,000 2012 7,100,000 200,000 2013 7,300,000 185,000 2014 7,200,000 201,000 2015 7,000,000 225,000 Is Sage,Inc. ,subject to the AMT in 2015?
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