Problem 3-56 (LO. 5) Dove Corporation, a calendar year corporation, had the following information for...
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Problem 3-56 (LO. 5) Dove Corporation, a calendar year corporation, had the following information for 2019: Net income per books (after-tax) $385,250 Taxable income 120,000 25,200 Federal income tax per books Cash dividend distributions 150,000 Unappropriated retained earnings, as of January 1, 2019 795,010 Based on the above, and using Schedule earnings balance as of December 31, 2019. from Example 31 in the text) of Form 1120. determine Dove's unappropriated retained
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