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Rock Island Corporation generated taxable income (before the domestic production activities deduction) of $27 million this year. The total income included $6,200,000 of qualified production
Rock Island Corporation generated taxable income (before the domestic production activities deduction) of $27 million this year. The total income included $6,200,000 of qualified production activities income. The company paid $630,000 in W-2 wages to generate the qualified production activity income. What is Rock Island's domestic production activities deduction for the year
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