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In 2017, Job Corporation, a Calendar Year Taxpayer, Has AMTI

Question 23

Multiple Choice

In 2017, Job Corporation, a calendar year taxpayer, has AMTI (before adjustment for adjusted current earnings) of $7 million.If Job Corporation's ACE is $16 million, its tentative minimum tax for 2017 is:


A) $2.55 million.
B) $2.75 million.
C) $3.45 million.
D) $4.2 million.
E) None of the above.

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