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terest of $425.000, operating expenses of $150.000, and deductions aroutable to the Pepper, Inc., an S corporation in Norfolk, Virginia, has revenues of SASO,000.cable wterest

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terest of $425.000, operating expenses of $150.000, and deductions aroutable to the Pepper, Inc., an S corporation in Norfolk, Virginia, has revenues of SASO,000.cable wterest income of $70,000. Calculate any passive investment income penalty tax payable by this corporation

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