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Doris is going to invest $90,000 in a business entity. She will manage the business entity. Her projected share of the loss for the first

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Doris is going to invest $90,000 in a business entity. She will manage the business entity. Her projected share of the loss for the first year is $36,000. Doris' marginal tax rate is 33%. Determine the cash flow benefit of the loss to Doris if the business form is: 9. a. A general partnership. b. An S corporation. c. An LLC. d. A C corporation

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