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A---Suppose a corporation earns $100,000 of ordinary income and $900,000 of capital gains in 2020....

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Accounting

A---Suppose a corporation earns $100,000 of ordinary income and $900,000 of capital gains in 2020. What will be its tax burden in 2020:

B--- Suppose the same corporation in problem A also experiences a $1 million capital loss. What will be its tax burden in 2020:

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