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Brace, Inc. owns 19% of West common stock. This year, Brace generated $10,000 operating loss and received $50,000 dividends from West. Brace's taxable income is:

Brace, Inc. owns 19% of West common stock. This year, Brace generated $10,000 operating loss and received $50,000 dividends from West. Brace's taxable income is:

A. $15,000

B. $58,000

C. $50,000

D. $52,000

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