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Nicole and Mohammad (married taxpayers filing jointly) are equal owners in an...

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Question

Accounting

Nicole and Mohammad (married taxpayers filing jointly) are equal owners in an S corporation. The
company reported sales revenue of $410,000 and expenses of $287,000. The corporation also earned
$21,000 in taxable interest and dividend income and had $13,650 investment interest expense.
Required:
How are these amounts reported for tax purposes in the following schedules?
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