What would be their taxable income after considering

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Reference no: EM132048378

Problem

Van Halen corporation had long term capital gains of $50,000 short term capital losses of $68,000 sections 1231 losses of $5,000 and section 1245 gains of $3, 500 if their other taxable income was $400,000 what would be their taxable income after considering the items listed above?

Reference no: EM132048378

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