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Abdo Corporation Received Permission to Change Its Tax Year-End from December

Question 54

Multiple Choice

Abdo Corporation received permission to change its tax year-end from December 31 to August 31 in 2013.Its income from January 1 through August 31 is $278,000.What is Abdo's tax liability?


A) $91,670
B) $94,520
C) $108,420
D) $141,780

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