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If a corporation has operating income of $10,500,000 and it receives $245,000 in interest income and $312,000 in dividend income, what is the firm's taxable income? Select one

If a corporation has operating income of $10,500,000 and it receives $245,000 in interest income and $312,000 in dividend income, what is the firm's taxable income?

Select one:

a.   $10,838,600

b.   $10,812,000

c.   $11,057,000

d.   $9,838,600

Apr 15 2021 View more View Less

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