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1. HTR Inc. reports book income of $3,000,000. Included in the $3,000,000 is $32,000 of tax-exempt interest income. HTR reports $2,265,000 in ordinary and necessary

1. HTR Inc. reports book income of $3,000,000. Included in the $3,000,000 is $32,000 of tax-exempt interest income. HTR reports $2,265,000 in ordinary and necessary business expenses. What is HTR Inc.'s taxable income for the year

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