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Goldwater Inc. has the following for this year. Sales $800,000 Operating Expenses $250,000 Dividends Received from Billiard Inc. $23,39 If Goldwater owns 6% of Billiard,

Goldwater Inc. has the following for this year.

Sales $800,000

Operating Expenses $250,000

Dividends Received from Billiard Inc. $23,39

If Goldwater owns 6% of Billiard, calculate Goldwaters taxable income. Show your work.

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