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in the current year, Jimbo inc only had the following items of income and expense. Taxable gross receipt 518860, cost of goods sold 263186. Dividend

in the current year, Jimbo inc only had the following items of income and expense. Taxable gross receipt 518860, cost of goods sold 263186. Dividend recieved from another C Corporation 10,800. The dividends were received from a corporation of which Jimbo Inc owns 11% of the dividend paying corporation

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