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The Dawg corporation owns 16% of Company A and 27% of Company B. Dividends received from Company A were $106,000 and from Company B were
The Dawg corporation owns 16% of Company A and 27% of Company B. Dividends received from Company A were $106,000 and from Company B were $202,000. If Dawg's taxable income not including the dividends is $2,000,000, calculate Dawg's taxable income after including the dividend information.
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