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AP 1-13 Net Income-Four Cases The following four cases make different assumptions with respect to the amounts of income and deductions of Frank Denham for

image text in transcribed AP 1-13 Net Income-Four Cases The following four cases make different assumptions with respect to the amounts of income and deductions of Frank Denham for the current year: Required: For each case, calculate Mr. Denham's current-year net income. Indicate the amount and type of any loss carry overs for the current year or state that there are no current-year loss carry overs

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