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Marian, Inc., a calendar year corporation, reports the following items: Taxable income $200,000 Long-term

capital gain (net of tax) 18,300 Federal income tax on LTCG 11,700 Dividends received deduction 18,000 Accumulated earnings credit –0– Federal income taxes 61,250 Dividends paid 78,450 The accumulated earnings tax is: a. $9,000. b. $60,000. c. $7,245. d. $0.

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