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Please solve it The operating results for Peep Corporation, an S corporation, for last year were as follows. Revenues Expenses a. Determine the corporation's net

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The operating results for Peep Corporation, an S corporation, for last year were as follows. Revenues Expenses a. Determine the corporation's net income and its separately stated items. b. Determine the corporation's financial accounting income if the gain on the sale of the land is only $6.000 and depreciation is $32.000 under financial accounting rules

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