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In the current year, Parvifolia, Inc. had $400,000 of revenue from operations and $160,000 of dividends from nonaffiliated 15-percent-owned domestic corporations. The corporation's deductible operating expenses totaled $410,000. What is Parvifolia, Inc.'s dividends received deduction for the current year
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In the current year, Parvifolia, Inc. had $400,000 of revenue from operations and $160,000 of divide...
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