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LNS corporation reports book income of $2,120,000. Included in the $2,120,000 is $19,250 of tax-exempt interest income. LNS reports $1,800,000 in ordinary and necessary business

LNS corporation reports book income of $2,120,000. Included in the $2,120,000 is $19,250 of tax-exempt interest income. LNS reports $1,800,000 in ordinary and necessary business expenses. What is LNS corporations taxable income for the year?

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