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ABC Company had the following transactions during the quarter ended March 31, 2021: Loss on Sale - 900,000 Payment of fire insurance premium for calendar
ABC Company had the following transactions during the quarter ended March 31, 2021: Loss on Sale - 900,000 Payment of fire insurance premium for calendar year 2021- 400,000 Payment of rent for 1 year - 1,200,000 Payment of property tax assessed for calendar year 2021- 500,000 What total amount should be included in the determination of the net income or loss for the quarter ended March 31, 2021?
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