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58. Emery Inc. had $5 million of gross income, operating expenses of $1 million, paid $1 million of interest on borrowing of $10 million, and
58. Emery Inc. had $5 million of gross income, operating expenses of $1 million, paid $1 million of interest on borrowing of $10 million, and paid a dividend of $0.50 million. Emery Inc.'s taxable income is Select one: a. $3 Million b. $4 Million C. $ 3.5 Million $2.5 Million
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