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Business, 14.03.2020 05:58 shatoriahubbard3255

On 12/31/X4, Zoom, LLC, reported a $60,000 loss on its books. The items included in the loss computation were $30,000 in sales revenue, $15,000 in qualified dividends, $22,000 in cost of goods sold, $50,000 in charitable contributions, $20,000 in employee wages, and $13,000 of rent expense. How much ordinary business income (loss) will Zoom report on its X4 return?

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On 12/31/X4, Zoom, LLC, reported a $60,000 loss on its books. The items included in the loss computa...

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