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Robin Corporation Has Ordinary Income from Operations of $30,000,net Long-Term

Question 121

Multiple Choice

Robin Corporation has ordinary income from operations of $30,000,net long-term capital gain of $10,000,and net short-term capital loss of $15,000.What is the taxable income for 2013?


A) $25,000.
B) $27,000.
C) $28,500.
D) $30,000.
E) None of the above.

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