Question
LNS corporation reports book revenue of $2,530,000. Included in the $2,530,000 is $16,750 of tax-exempt interest income. LNS reports $1,710,000 in ordinary and necessary business
LNS corporation reports book revenue of $2,530,000. Included in the $2,530,000 is $16,750 of tax-exempt interest income. LNS reports $1,710,000 in ordinary and necessary business expenses. What is LNS Corporations taxable income for the year?
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Green Energy Audit Of Buildings A Guide For A Sustainable Energy Audit Of Buildings
Authors: Giuliano Dall’O’
2013 Edition
1447161726, 978-1447161721
