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Question 1: Studios reported a net capital loss of $39,000 in year 5. It reported net capital gains of $32,000 in year 4 and $45,000

Question 1: Studios reported a net capital loss of $39,000 in year 5. It reported net capital gains of $32,000 in year 4 and $45,000 in year 6. What is the amount and nature of the book-tax differe...

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