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Question 24 of 50. AKG Corporation has an ownership stake in four other companies. Which of the following deduction amounts is correct? O AKG owns
Question 24 of 50. AKG Corporation has an ownership stake in four other companies. Which of the following deduction amounts is correct? O AKG owns 15% of JTD Company and received $20,000 dividends. The Schedule C (Form 1120) deduction is $3,000. O AKG owns 50% of NDB Company, and received $15,000 dividends. The Schedule C (Form 1120) deduction is $9,750. O AKG owns 75% of RWB Company, and received $20,000 dividends. The Schedule C (Form 1120) deduction is $12,500. O AKG owns 90% of RAK Company, and received $35,000 dividends. The Schedule C (Form 1120) deduction is $28,000. Mark for follow up Summary Next >>
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