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Problem 17-47 (LO. 5) The following information for 2021 relates to Sparrow Corporation, a calendar year, accrual method taxpayer: a. Regarding items that would be

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Problem 17-47 (LO. 5) The following information for 2021 relates to Sparrow Corporation, a calendar year, accrual method taxpayer: a. Regarding items that would be added back on the M-1 schedule, label either "Yes" (it would be added back to net income per books) or "No" (it would not be). b. Sparrow's taxable income for 2021 is $ c. Prepare Schedule M1 for 2021. Enter all amounts as positive numbers. If an amount is zero, enter " 0 ". Schedule Reconciliation of Income (Loss) per Books With Income per Return

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