During 2010,Brown Corporation (a calendar year taxpayer) has $4,000,000 of taxable income and the following transactions:
Brown Corporation's alternative minimum tax (AMT) for 2010 is:
A) $90,000.
B) $500,000.
C) $700,000.
D) $1,360,000.
E) None of the above.
Correct Answer:
Verified
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