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ParentCo and SubCo Had the Following Items of Income and Deduction

Question 133

Multiple Choice

ParentCo and SubCo had the following items of income and deduction for the current year. ParentCo and SubCo had the following items of income and deduction for the current year. Compute ParentCo and SubCo's consolidated taxable income or loss. A) $81,000 B) $88,000 C) $90,000 D) $90,500 Compute ParentCo and SubCo's consolidated taxable income or loss.


A) $81,000
B) $88,000
C) $90,000
D) $90,500

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