Hoosier Incorporated is an Indiana corporation. It properly included, deducted, or excluded the following items on its federal tax return in the current year: Item Amount Federal Treatment Illinois income taxes $ 33,410 Deducted on federal return Indiana income taxes $ 18,445 Deducted on federal return Ohio Commercial Activity Tax $ 3,978 Deducted on federal return Depreciation $ 41,100 Deducted on federal return Illinois municipal bond interest $ 9,956 Excluded from federal return Indiana municipal bond interest $ 15,275 Excluded from federal return Federal T-note interest $ 2,478 Included on federal return State depreciation expense was $51,100. Hoosier's federal taxable income was $151,400. Calculate Hoosier's Indiana state tax base. Multiple Choice

R& m chatelaine is one of the largest tax-preparation firms in the united states. it wants to acquire the tax experts, a smaller rival. after the merger, chatelaine will be one of the two largest income-tax preparers in the u.s. market. what should chatelaine include in its acquisition plans? it should refocus its attention from the national to the international market. in addition to acquiring the tax experts, it should also determine the best way to drive independent "mom and pop" tax preparers out of business. chatelaine will need to explain to the federal trade commission how the acquisition will not result in an increase in prices for consumers. chatelaine should enter a price-based competition with its other major competitor to force it out of business and become a monopoly.