Yvonne Corporation manufactures and sells ceramic dinnerware. The company also sells dinnerware that is purchased from unrelated foreign producers. During tax year 2011, Yvonne had a U. S. profit of $1.2 million (QPAI) and a loss from the imported merchandise of $100,000. What is Yvonne's DPAD?
A) $33,000.
B) $66,000.
C) $99,000.
D) $1,080,000.
E) None of the above.
Correct Answer:
Verified
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