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Scotland Corporation, a calendar year C-corporation, has taxable income of $50,000 in 2019 pays out...

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Accounting

Scotland Corporation, a calendar year C-corporation, has taxable income of $50,000 in 2019 pays out a dividend of $30,000 to its sole stockholder Rowan. What is the amount of corporation income tax Scotland will owe for 2019?

A. $4,200

B. $10,500

C. $6,300

D. $21,000

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