Tom,Dick,and Harry operate Quality Stores.Based on advice from Tom's sister,a CPA,the three form a partnership.Tom owns 50%; Dick and Harry each own 25%.For the year,Quality Stores reports the following:
By how much will Tom's adjusted gross income increase because of the above?
A) $178,000
B) $180,000
C) $183,000
D) $184,000
E) $186,000
Correct Answer:
Verified
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