Find the difference in the tax payments for the car company

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Reference no: EM132208335

Question: A car manufacturing company starts with the gross income of $4,500,000 with $2,500,000 of operational costs including payments of its workers. The management team purchased $10,000,000 for the equipment inside the company. Find the amount of the annual tax this car company needs to pay assuming it is located inside Indiana. Find the difference in the tax payments for the car company if it was located in California.

Reference no: EM132208335

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