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Smoke,Inc,Provides You with the Following Information Calculate Smoke's AMT for 2013

question 96

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Smoke,Inc.,provides you with the following information:
Regular corporate tax liability$22,250AIVI adjustments and preferencess (excluding ACE adjustment)80,000ACE adjustment (prior positive adjustments are $17,000(11,000)Taxable income100,000\begin{array}{ll}\text{Regular corporate tax liability}&\$22,250\\\text{AIVI adjustments and preferencess (excluding ACE adjustment)}&80,000\\\text{ACE adjustment (prior positive adjustments are } \$17,000&(11,000)\\\text{Taxable income}&100,000\end{array} Calculate Smoke's AMT for 2013.

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