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Business, 20.09.2020 17:01 ondreduty1789

Andrews Corporation has income from operations of $256,000. In addition, it received interest income of $25,600 and received dividend income of $28,900 from another corporation. Finally, it paid $11,000 of interest income to its bondholders and paid $46,300 of dividends to its common stockholders. The firm's federal tax rate is 21%. What is the firm's federal income tax? Do not round intermediate calculations. Round your answer to the nearest cent. $

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