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ACCT TAX 21. The Loophole Tax Service Inc. has accumulated earnings of $135,000 and current earnings of $60,000. If the dividends-paid deduction is $8,500 and
ACCT TAX
21. The Loophole Tax Service Inc. has accumulated earnings of $135,000 and current earnings of $60,000. If the dividends-paid deduction is $8,500 and reasonable business needs amount to $160,000, what is the accumulated earnings creditStep by Step Solution
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