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WILMINGA/Ultra/courses 4000 1/outline/assessment) 2602970_1/overview/attempt/_7994723 17counted = 40260 1 Question 11 X 5 Points In 2020, Reid Incorporated, a manufacturer and retailer of computer parts, reported

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WILMINGA/Ultra/courses 4000 1/outline/assessment) 2602970_1/overview/attempt/_7994723 17counted = 40260 1 Question 11 X 5 Points In 2020, Reid Incorporated, a manufacturer and retailer of computer parts, reported the following activity during the year: Gross Profit $77.610,835 Dividends from 26% owned corporation 136,344 Operating Expenses 44,603.924 Charitable Contributions 6,517.830 Capital Gains 3,570,091 Capital Losses 2,654,520 The corporation also has a net operating loss carryover from a previous year of $27,034.980. How much is the corporation's charitable contribution deduction? $3,314,432 B$651,783 $6,517,830 09702,385 5 108 minutes remaining ultra/core/40260 1/outline/osessment 2602970 1/verview/attempt 4723 od 402601 How much is the corporation's net operating loss deduction? $26,614,254 B some other amount $27,034,980 $26,052,058 Question 13 5 Points How much is the corporation's charitable contribution carryover? A $5,866,047 B 55,815,445 SO $6,517,830 Question 14 How much is the corporation's net operating loss carryover? some other amount B $546,044 $420,726 D) $0 WILMINGA/Ultra/courses 4000 1/outline/assessment) 2602970_1/overview/attempt/_7994723 17counted = 40260 1 Question 11 X 5 Points In 2020, Reid Incorporated, a manufacturer and retailer of computer parts, reported the following activity during the year: Gross Profit $77.610,835 Dividends from 26% owned corporation 136,344 Operating Expenses 44,603.924 Charitable Contributions 6,517.830 Capital Gains 3,570,091 Capital Losses 2,654,520 The corporation also has a net operating loss carryover from a previous year of $27,034.980. How much is the corporation's charitable contribution deduction? $3,314,432 B$651,783 $6,517,830 09702,385 5 108 minutes remaining ultra/core/40260 1/outline/osessment 2602970 1/verview/attempt 4723 od 402601 How much is the corporation's net operating loss deduction? $26,614,254 B some other amount $27,034,980 $26,052,058 Question 13 5 Points How much is the corporation's charitable contribution carryover? A $5,866,047 B 55,815,445 SO $6,517,830 Question 14 How much is the corporation's net operating loss carryover? some other amount B $546,044 $420,726 D) $0

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