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Harmony, Inc., an exempt organization, reports unrelated business income of $7,500 and unrelated business expenses of $4,000. A) What is the amount of UBTI B)

Harmony, Inc., an exempt organization, reports unrelated business income of $7,500 and unrelated business expenses of $4,000.

A) What is the amount of UBTI

B) What is the amount of UBIT?

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