Income Tax Calculations

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Income Tax Calculations

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Income tax calculations:

Year 1st 2nd 3rd

Gross Income $975,000.00 $12,050,000.00 $13,000,280.00

Taxable Income $964,650.00 $12,039,650.00 $12,989,930.00

Federal Tax $334,941.75 $4,654,191.75 $5,024,800.95

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