Question 6 (4 points) Amen's Corporation recorded $44,000 sales in 2019 fiscal year, his cost...
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Question 6 (4 points) Amen's Corporation recorded $44,000 sales in 2019 fiscal year, his cost of good sold (COGS), operational expense, interest expense, and depreciation expense for the period were $10,000, $4,000, $3,000, and $1,000, respectively. Half of his firm's net income is retained in his business for expansion. What is Amen's tax liability if his personal income tax is 10% and his corporate tax is 35%
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