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Larry Negotiates a $2

Question 56

Multiple Choice

Larry negotiates a $2.5 million contract with Red,Inc.,a publicly-held corporation that receives TARP funds,to become their CEO for 2012.What amount is deductible by Red,Inc.in 2012?


A) $0.
B) $1,000,000.
C) $2,064,000.
D) $2,500,000.
E) None of the above.

Correct Answer:

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