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Business, 04.07.2020 14:01 helper55

On 12/31/X4, Zoom, LLC, reported a $55,500 loss on its books. The items included in the loss computation were $27,000 in sales revenue, $12,000 in qualified dividends, $19,000 in cost of goods sold, $47,000 in charitable contributions, $17,000 in employee wages, and $11,500 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 $55,500 loss on its books. The items included in the loss computa...
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