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Truck Corporation has the following income and expenses for the tax year: Gross profit on sales $200,000 Expenses. $600,000 Dividends received from less-than-20%-owned domestic corporations

Truck Corporation has the following income and expenses for the tax year:

Gross profit on sales $200,000

Expenses. $600,000

Dividends received from less-than-20%-owned domestic corporations $20,000

What is Truck Corporation’s Net operations loss?

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