During the Current Year,Metcalf Corporation Has the Following Items of Income

Multiple Choice

During the current year,Metcalf Corporation has the following items of income and expense:
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Metcalf owns 37% of the corporation that distributed the dividend to Metcalf.Determine the amount reported as income before special deductions for the current year.

A) $130,000
B) $134,000
C) $150,000
D) $454,000
E) $470,000