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Accounting

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current year is 2020

G Inc. received $30,000 of eligible dividends from Canadian corporations in the current year. What amount is included in G's net income for tax purposes for the current year? C, an individual, purchased a $50,000 bond on its issue date, November 1, Year 1. The bond pays interest at maturity, October 31, Year 3, at a rate of 2% compounded annually. What amount of interest must be included in income for Year 2? $

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