frank and benji's fantastic food, inc. is a grocery store organized as a C Corporation....
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frank and benji's fantastic food, inc. is a grocery store organized as a C Corporation. Frank and Benji are each 50% sharholders. This year, the corporation had a net taxable income of $165,000. Frank and Benji each received dividend distributions of $20,000. What is the corporation's total income tax, reported on Form 1120
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