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Title: Francine Corporation reports the following income and expense items for the tax year ending December ... Post by: safezone on Feb 14, 2017 Francine Corporation reports the following income and expense items for the tax year ending December 31:
Gross receipts from sales $55,000 Dividends received from 15%-owned domestic corporation 28,000 Expenses connected with sales 20,000 What is Francine Corporation's taxable income? Title: Re: Francine Corporation reports the following income and expense items for the tax year ending ... Post by: Rimoun on Feb 14, 2017 Content hidden
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