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  3. lns corporation reports book revenue of $2,660,000

LNS Corporation reports book revenue of $2,660,000. Included in the $2,660,000...

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Accounting

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LNS Corporation reports book revenue of $2,660,000. Included in the $2,660,000 is $35,750 of tax-exempt interest income. LNS reports $1,777,500 in ordinary and necessary business expenses. What is LNS Corporation's taxable income for the year

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