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Bob is a CPA and earns 200,000 from his accounting firm. He receives 20,000 of interest income. Also, he has a loss of 40,000 from

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Bob is a CPA and earns 200,000 from his accounting firm. He receives 20,000 of interest income. Also, he has a loss of 40,000 from a passive investment. What is Bob's net income for the current year? 180,000 220,000 200,000 0 260,000

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