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14) Which of the following items is subtracted from book income to arrive at taxable income? A) The excess of capital losses over capital gains.

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14) Which of the following items is subtracted from book income to arrive at taxable income? A) The excess of capital losses over capital gains. B) Charitable contributions in excess of the 10% limit. C) 50% of meal expenses. D) Interest received on tax-exempt bonds

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