Question: Multiple Choice Question Aruba, Inc. has a properly calculated charitable contribution limit of $12,000 for the current year. Aruba deducted a DRD of $6,000 and

Multiple Choice Question Aruba, Inc. has a properly calculated charitable contribution limit of $12,000 for the current year. Aruba deducted a DRD of $6,000 and is also including a capital loss carryforward from the prior year of $13,000. If Aruba's actual charitable contributions for the year are $4,000, the company's taxable income is Blank______. Multiple choice question. $123,000 $110,000 $120,000 $143,000

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