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Please just give the correct choices with no explanations - and please don't just answer one and provide 47, 48, 49, and 50 as the

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Please just give the correct choices with no explanations - and please don't just answer one and provide 47, 48, 49, and 50 as the guidelines let you do more than one

D Question 47 2 pts X Co. had the following income and expenses: Gross income from operations $400.000 Expenses from operations $410,000 Dividends received from a domestic corporation (13%) owned by X Co.) $30,000 Capital loss carryback $17.500 X Co.'s dividends received deduction is O None of these. O $19.500 O $15.000 $10,000 D Question 48 2 pts X Co. had the following income and expenses: Gross income from operations $200,000 Expenses from operations $150.000 Dividends received from a domestic corporation (5%) owned by X Co.) $30,000 Capital loss carryback $35.000 Net operating loss carryforward $6.000 X Co.'s dividends received deduction is O $1,500 O $15,000 O $19.500 None of these. D Question 49 2 pts X Co. had the following income and expenses: Gross income from operations $800,000 Expenses from operations $950.000 Dividends received from a domestic corporation (28%) owned by X Co.) $300,000 Capital loss carryback $25.000 X Co.'s dividends received deduction is O $195.000 $97,500 O None of these. D Question 50 2 pts Which statement is false with regard to the complete liquidation of a calendar year subsidiary which is 85% owned by its parent, and liquidated pursuant to a parent/subsidiary liquidation? O A formal plan of liquidation must be adopted if the shareholders adopt a resolution authorizing the liquidation on 3/9/x3, and the liquidating distributions occur on 7/3/X3 and 10/16/X4 The subsidiary recognizes gain on its distributions to the minority shareholders, but not loss. O More than one of these statements is false. O The minority shareholder recognize gain or loss. O No gain or loss is recognized by the parent corporation, and it has a FMV basis in the assets received

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