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Gray Corporation, a calendar year C Corporation has operatingincome of $90,000, long term capital gain of $15,000 and a shortterm capital loss of $20,000 for

Gray Corporation, a calendar year C Corporation has operatingincome of $90,000, long term capital gain of $15,000 and a shortterm capital loss of $20,000 for the year ending December 31, 2020.What 2 answers

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