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Fez Corporation, a foreign to the US corporation, bought inventory in the United States and sold the inventory to customers in Morocco. Gross profit from

Fez Corporation, a foreign to the US corporation, bought inventory in the United States and sold the inventory to customers in Morocco. Gross profit from the sale of the inventory was $200,000. Title to the inventory passed FOB: destination point (outside the USA). How much of the gross profit is treated as foreign source income? FEZ does not have a presence in the USA

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