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Chapter 11: Brace, Inc. owns 10% of West common stock. This year, Brace generated $50,000 operating income and received a $10,000 dividend from West. Brace's

Chapter 11: Brace, Inc. owns 10% of West common stock. This year, Brace generated $50,000 operating income and received a $10,000 dividend from West. Brace's taxable income is: Group of answer choices

$55,000 $58.000 $50,000 $52,000

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