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Tan, Inc., a tax-exempt organization, has $65,000 of net unrelated business income. Total charitable contributions (all associated with the unrelated trade or business) are $7,500. Assuming that the $7,500 was deducted in calculating net unrelated business income, what is Tan s unrelated business taxable income?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9405860

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