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Calculate warren non-separately computed income

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Reference no: EM132083582

Question - Warren, Inc., a calendar year S corporation, incurred the following items in 2015.

Municipal bond interest

$6,000

Sales

125,000

§ 1245 gain

12,000

Long-term capital gain

20,000

Cost of goods sold

40,000

Office supply expense

15,000

Depreciation expenses

20,000

Charitable contribution

12,000

Calculate Warren's non-separately computed income.

Reference no: EM132083582

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