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Bidden, Inc., a calendar year S corporation, incurred the following items. Sales Dividend Income Short-term capital gain Cost of goods sold Municipal bond interest income
Bidden, Inc., a calendar year S corporation, incurred the following items. Sales Dividend Income Short-term capital gain Cost of goods sold Municipal bond interest income Administrative expenses Depreciation expense Charitable contributions $130,000 12,000 30,000 42,000) 7,000 (15,000) 17,000) (14,000) Calculate Bidden's nonseparately computed income. You must show your work to receive credit
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