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Scott and Cindy Muir had alternative minimum taxable income of $970,000 in the current year...

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Accounting

Scott and Cindy Muir had alternative minimum taxable income of $970,000 in the current year and file a joint return. For purposes of computing the alternative minimum tax, their exemption is

A. $24,600

B. $54,700

C. $70,300

D. $109,400

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