Refer to the information in question 1 and assume the entity is an S corporation. What is

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Refer to the information in question 1 and assume the entity is an S corporation.

What is the corporation’s net income excluding separately stated items?

a. $22,600

b. $22,300

c. $21,800

d. $21,600 AppendixLO1

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Taxation For Decision Makers 2008

ISBN: 9780324654110

2nd Edition

Authors: Shirley Dennis-Escoffier, Karen A. Fortin

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