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Tweet Inc. owns 20% of the stock of Gray Matter, Inc. Gray Matter, Inc. is a domestic corporation. Tweet has the Tollowing information this year,
Tweet Inc. owns 20% of the stock of Gray Matter, Inc. Gray Matter, Inc. is a domestic corporation. Tweet has the Tollowing information this year, before deducting the DRD: What is the DRD? Revenue from operations $600,000 Dividend income $70,000 Operating expenses $180,000 $245,000 $70,000 $45,500 $35,000
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