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A corporation has $100,000 of sales, expenses of $40,000 and a capital loss of $10,000. Its taxable income is: $50,000 $60,000 $55,000 $100,000
A corporation has $100,000 of sales, expenses of $40,000 and a capital loss of $10,000. Its taxable income is:
$50,000
$60,000
$55,000
$100,000
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