Yvonne Corporation manufactures and sells ceramic dinnerware.The company also sells dinnerware that is purchased from unrelated foreign producers.During tax year 2010,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) None.
B) $33,000.
C) $66,000.
D) $99,000.
E) None of the above.
Correct Answer:
Verified
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