(Answered) The xyz company has gross income of 300000 for the year

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The XYZ Company has gross income of $300,000 for the year from operations after all operating costs but before (1) interest charges of $15,000,(2) dividend income of $25,000 received from the ABC Corporation,(3) dividends paid of $20,000, (4) interest income received of $20,000,and (5) income taxes. What is the company's income tax liability and after-tax income?

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