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The Dawg corporation owns 8% of Company A and 23% of Company B. Dividends received from Company A were $114.000 and from Company B were

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The Dawg corporation owns 8% of Company A and 23% of Company B. Dividends received from Company A were $114.000 and from Company B were $211,000. If Dawg's 'adjusted"taxable income is $2,000,000, calculate Dawg's taxable income after including the dividend information A B D E 1 Taxable income 2 3 53 5 6 7 8 9 10 Flip's Pizzeria Inc. has the following financial items for the current year: Advertising Expenses $90,000 Cost of Goods Sold $625,000 Other Operating Expenses $540,000 Sales $2.715,000 Wages and Salaries $365,000 Capital Gain $35.000 Calculate Flip's taxable income for the current year. B 1 Taxable income (Net Operating Loss)= 3 D E 2 4 5 6 7 60 9 10

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