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Posted: June 15th, 2022
Warren, Inc., a calendar year S corporation, incurred the following items in 2015.
Warren, Inc., a calendar year S corporation, incurred the following items in 2015.Municipal bond interest $ 6,000 Sales 125,000 § 1245 gain 12,000 Long-term capital gain 20,000 Cost of goods sold 40,000 Office supply expense 15,000 Depreciation expenses 20,000 Charitable contribution 12,000 Calculate Warrenâs non separately computed income.
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