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ABC Company was founded in 20X1 and had the following taxable income through 20X6:

20X1 20X2 20X3 20X4 20X5 20X6
$2.5M $8.5M $7.8M -$17.6M $12.3M $16.4M

Compute the corporate income tax or tax refund in each year, assuming the graduated tax rates listed below.

At least But less than Tax Rate (%) Tax Calculation
0.00 50...

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