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LNS Corporation reports book revenue of $2,550,000. Included in the $2,550,000 is $27,000 of tax-exempt interest income. LNS reports $1,972,500 in ordinary and necessary
LNS Corporation reports book revenue of $2,550,000. Included in the $2,550,000 is $27,000 of tax-exempt interest income. LNS reports $1,972,500 in ordinary and necessary business expenses. What is LNS Corporation's taxable income for the year? Taxable income
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Fraud examination
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
4th edition
538470844, 978-0538470841
