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Calculating Alpha Corporation's tax

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Alpha Corporation, a personal holding company, has the following results.

Taxable income $200,000
Dividends-received deduction 30,000
Life insurance proceeds 10,000
Excess charitable contributions 10,000
Long-term capital gains 10,000
Federal income taxes 61,000

I need help with calculating Alpha Corporation's tax.

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The total tax would comprise the following items:

(1) Federal income tax = 61,000

(2) Long-term capital gain ...

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