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The stock of Grommet Corporation, a U.S. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. Grommet

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The stock of Grommet Corporation, a U.S. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. Grommet owns 95 percent of the outstanding stock of Staple Inc., also a US company Staple owns 100 percent of the outstanding stock of Clip Corporation, a Canadian company. Grommet and Clip each own 50 percent of the outstanding stock of Fastener Inc., a U.S.company, Grommet and Staple each own 50 percent of the outstanding stock of Binder Corporation, a U.S. company Required: Which of these corporations form an affiliated group eligible to file a consolidated tax return? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Grommet Corporation 2 Staple in 2 Pastener loc Clip Corporation ander Corporation

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