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The following information for 2012 relates to Sparrow Corporation, a calendar year, accrual method taxpayer. Based on the above information, use Schedule M-1 of Form

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The following information for 2012 relates to Sparrow Corporation, a calendar year, accrual method taxpayer. Based on the above information, use Schedule M-1 of Form 1120, which is available the IRS website, to determine Sparrow's taxable income for 2012

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