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LNS Corporation reports book income of $2,430,000. Included in the $2,430,000 is $25,000 of tax-exempt interest income. LNS reports $1,785,000 in ordinary and necessary business

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LNS Corporation reports book income of $2,430,000. Included in the $2,430,000 is $25,000 of tax-exempt interest income. LNS reports $1,785,000 in ordinary and necessary business expenses. What is LNS Corporation's taxable income for the year? Taxable income

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