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Under chapter. 20 #17, I don't understand how the problem is solved. How do you calculate current earnings and profits given the following information? Gross

Under chapter. 20 #17, I don't understand how the problem is solved. How do you calculate current earnings and profits given the following information?

Gross Business Income: 90,000

Tax-Exemt Income: 20,000

Dividend Income: 10,000

DRD Deduction: (70,000)

Charitable donations (gross-before limitations): 30,000

Net Capital Loss: (15,000)

Taxable Income: 83,000

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