Question: based upon the facts listed below what is this c corporations taxable income? gross revenue B4 operating expenses $1,600,000 municipal bond interest (not private). 100,000
based upon the facts listed below what is this c corporations taxable income?
gross revenue B4 operating expenses $1,600,000
municipal bond interest (not private). 100,000
capital gains. 200,000
operating expenses. 600,000
deprecation expense. 200,000
capital losses 220,000
dividends paid to shareholders 500,000
a. 800,000
b. 780,000
c. 280,000
d. 380,000
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