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The Minimum Credit in Calculating the Accumulated Earnings Credit for a Corporation

Question 25

Multiple Choice

The minimum credit in calculating the accumulated earnings credit for a corporation that is not a service company and which has $375,000 in prior accumulations is


A) $0
B) $125,000
C) $225,000
D) $250,000
E) An amount that cannot be determined from the information given

Correct Answer:

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