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Hummingbird Corporation, a closely held C corporation that is not a PSC, has $216,500 of net active income, $86,600 of portfolio income, and a $238,150
Hummingbird Corporation, a closely held C corporation that is not a PSC, has $216,500 of net active income, $86,600 of portfolio income, and a $238,150 loss from a passive activity. Compute Hummingbird's taxable income for the year
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