In each of the following independent situations, determine the corporation's income tax liability. Assume that all corporations use a calendar year 2016.
Definitions:
Communal
Pertaining to or shared by a community or group.
Altruistic
Exhibiting selfless concern for the well-being of others, often involving acts of kindness without expectation of reward.
Communal Relationship
A type of social connection where individuals prioritize the welfare of the group over personal gains, often characterized by shared responsibilities and benefits.
Distributive
Related to the allocation or distribution of resources among members of a community or society.
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