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Complete Schedule M-2 using the following facts: Net income per books and financial statements = $100,000 Taxable income = $127,330 Cash dividends paid and charged

Complete Schedule M-2 using the following facts: Net income per books and financial statements = $100,000 Taxable income = $127,330 Cash dividends paid and charged to Retained Earnings = $5,000 Unappropriated Retained Earnings at the beginning of the year = $30,000

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