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The Dawg corporation owns 6% of Company A and 23% of Company B. Dividends received from Company A were $127,000 and from Company B were
The Dawg corporation owns 6% of Company A and 23% of Company B. Dividends received from Company A were $127,000 and from Company B were $202,000. If Dawg's "adjusted" taxable income is $2,000,000, calculate Dawg's taxable income after including the dividend information.
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