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On 12/31/X4, Zoom, LLC reported a $54,000 loss on its books. The items included in the loss computation were $26,000 in sales revenue, $11,000 in

On 12/31/X4, Zoom, LLC reported a $54,000 loss on its books. The items included in the loss computation were $26,000 in sales revenue, $11,000 in qualified dividends, $18,000 in cost of goods sold, $46,000 charitable contribution, $16,000 in employee wages, and $11,000 of rent expense. How much ordinary business income (loss) will Zoom report on its X4 return?

Multiple Choice

  • ($54,000).

  • ($8,000).

  • ($19,000).

  • ($89,000).

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