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Determine merco sbd amount

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Question - Merco is a retailer and a CCPC in Alberta. The following is its financial information for the year ended December 31, 2018:

Income from retailing operations $600,000

Interest income from passive investments $30,000

Net Income $630,000

Determine Merco's SBD amount.

1) $113,400

2) $108,000

3) $5,400

4) $90,000

Reference no: EM132431267

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