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The Dot Corporation Has Changed Its Year-End from a Calendar

Question 62

Multiple Choice

The Dot Corporation has changed its year-end from a calendar year-end to August 31.The income for its short period from January 1 to August 31 is $54,000.The tax for this short period is:


A) $2,040
B) $6,250
C) $8,667
D) $10,527

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