Garner Grocers Began Operations in 2010 A) $ 92,055
B) $ 96,900
C) $102,000
D) $107,100

question 85

Multiple Choice

Garner Grocers began operations in 2010. Garner has reported the following levels of taxable income (EBT) over the past several years. The corporate tax rate was 34% each year. Assume that the company has taken full advantage of the Tax Code's carry-back, carry-forward provisions, and assume that the current provisions were applicable in 2010. What is the amount of taxes the company paid in 2013? $$\begin{array} { lr } Year&\text { Taxable Income }\\\hline2010&- \$ 3,200,000 \\2011&\$ 200,000 \\2012&\$ 500,000 \\2013&\$ 2,800,000\end{array}$$

• A) $ 92,055
• B) $ 96,900
• C) $102,000
• D) $107,100
• E) $112,455

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Definitions:

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord.

Autonomic

Pertaining to the autonomic nervous system, which controls involuntary body functions like heart rate and digestion.

Somatic Nervous Systems

A part of the peripheral nervous system associated with voluntary control of body movements via the use of skeletal muscles.

Sensory Systems

Sensory systems are the parts of the nervous system responsible for processing sensory information from the environment, including sight, sound, touch, taste, and smell.