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A CORPORATION HAS A NLTG OG $40,000 AND A NSTL OF $10,000 IN THE CURENT YEAR. IT HAD CAPITAL GAINS(LOSSES AS FOLLOWS IN THE PREVIOUS

A CORPORATION HAS A NLTG OG $40,000 AND A NSTL OF $10,000 IN THE CURENT YEAR. IT HAD CAPITAL GAINS(LOSSES AS FOLLOWS IN THE PREVIOUS YEARS:

YEAR 3 $20,000

YEAR 2 (35,000)

YEAR 1 10,000

HOW MUCH MUST THE CORPORATION ADD TO ITS OTHER INCOME DUE TO CAPITAL GAINS TO DETERMINE TAXABLE INCOME IN THE CURRENT YEAR

5000

25000

30000

35,000

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