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Martha and Carol are the only shareholders in Wishfulthinking Corporation. The corporation has interest income, dividend income, capital gains, and rental income from large and

Martha and Carol are the only shareholders in Wishfulthinking Corporation. The corporation has interest income, dividend income, capital gains, and rental income from large and varied real estate investments. This corporation is known as what type?

a.A personal holding company

b.An S corporation

c.A small business corporation

d.A personal service corporation

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