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Blue, Inc. is an S Corporation that has earnings and profits from prior years when it was a C corporation. In the current year, Blue,

Blue, Inc. is an S Corporation that has earnings and profits from prior years when it was a C corporation. In the current year, Blue, Inc. has $200,000 of sales, 

$150,000 of cost of goods sold, 

$60,000 of interest income,  

$40,000 of dividends.

What is Blue, Inc.'s excess net passive income?

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