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Business, 10.10.2019 16:30 lindamillscotton90

For the year ended december 31, 2019, kelly corp. had net income per books of $300,000 before the provision for federal income taxes. included in the net income were the following items: dividend income from an unaffiliated domestic taxable corporation (taxable income limitation does not apply and there is no portfolio indebtedness) $50,000 bad debt expense (represents the increase in the allowance for doubtful accounts) 80,000 assuming no bad debt was written off, what is kelly's taxable income for the year ended december 31, 2019? group of answer choices $250,000 $330,000 $345,000 $355,000

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For the year ended december 31, 2019, kelly corp. had net income per books of $300,000 before the pr...
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