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XYZ Co . has net income consisting solely of $ 5 0 , 0 0 0 in dividends from a taxable Canadian Public Corporation. What

XYZ Co. has net income consisting solely of $50,000 in dividends from a taxable Canadian Public Corporation. What is its taxable income?
A.
$69,000
Your answer is not correct.B.
$0
This is the correct answer.C.
$25,000
D.
$50,000

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