What is its taxable income

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Question - W Co. had net income of $30,000 as per the income statement. It included $1,000 of donations and $3,000 of dividends from a taxable Canadian corporation. What is its taxable income?

a. $26,000

b. $27,000

c. $29,000

d. $30,000

Reference no: EM133050009

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