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What's Tern corporation's E&P? 1. Tern Corporation, a cash basis tax Tern elected $25,000 of $ 179 expens not recognized) gain from an involu 150,000

What's Tern corporation's E&P?

1. Tern Corporation, a cash basis tax Tern elected $25,000 of $ 179 expens not recognized) gain from an involu 150,000 and paid a nondeductible fi a. $415,000. b. $350,000. c. $340,000. d $320 000

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