Question: In determining Blue Corporation's current E & P for 2017, how should taxable income be adjusted as a result of the following transactions? a. A

In determining Blue Corporation's current E & P for 2017, how should taxable income be adjusted as a result of the following transactions?
a. A capital loss carryover from 2016, fully used in 2017.
b. Nondeductible meal expenses in 2017.
c. Interest on municipal bonds received in 2017.
d. Nondeductible lobbying expenses in 2017.
e. Loss on a sale between related parties in 2017.
f. Federal income tax refund received in 2017.

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