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please show calculations 10. Pepper, Inc., an corporation in Norfolk, Virginia, has revences of $150,000, table interest of $425.000, operating expenses of $150.000, and dedictions
please show calculations
10. Pepper, Inc., an corporation in Norfolk, Virginia, has revences of $150,000, table interest of $425.000, operating expenses of $150.000, and dedictions attributable to the Interest income of $20.000. Calculate any passive investment income penalty tax payable by this corporation 0 P o retum Step by Step Solution
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