Jeff Corporation manufactures and sells ceramic dinnerware. The company also sells dinnerware that is purchased from unrelated foreign producers. During the 2015 tax year, Jeff had a U.S. profit of $1.2 million (QPAI) and a profit from the imported merchandise of $300,000. What is Jeff's DPAD?
A) $36,000
B) $72,000
C) $108,000
D) $117,000
E) None of the above
Correct Answer:
Verified
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