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Hunt Taxidermy, Inc., is concerned about the taxes paid by the company in 2015. In...

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Accounting

Hunt Taxidermy, Inc., is concerned about the taxes paid by the company in 2015. In addition to $42.2 million of taxable income, the firm received $2,990,000 of interest on state-issued bonds and $1,300,000 of dividends on common stock it owns in Oakdale Fashions, Inc. (Use Table 2.3) Calculate Hunt Taxidermys tax liability.

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