Question: In determining Blue Corporation's current E & P for 2015, how should taxable income be adjusted as a result of the following transactions? a. A
a. A capital loss carryover from 2014, fully used in 2015.
b. Nondeductible meal expenses in 2015.
c. Interest on municipal bonds received in 2015.
d. Nondeductible lobbying expenses in 2015.
e. Loss on a sale between related parties in 2015.
f. Federal income tax refund received in 2015.
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