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Mallard,Inc

Question 43

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Mallard,Inc. ,is a C corporation that is not eligible for the small business exception to the AMT.Its adjusted current earnings (ACE)and unadjusted alternative minimum taxable income (unadjusted AMTI)for 2010 and 2011 are as follows:
Mallard,Inc. ,is a C corporation that is not eligible for the small business exception to the AMT.Its adjusted current earnings (ACE)and unadjusted alternative minimum taxable income (unadjusted AMTI)for 2010 and 2011 are as follows: Calculate the amount of the ACE adjustment for 2010 and 2011.
Calculate the amount of the ACE adjustment for 2010 and 2011.

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For 2010,there is a positive ACE adjustm...

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