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The Partnership of Felix and Oscar Had the Following Items

Question 33

Multiple Choice

The partnership of Felix and Oscar had the following items of income during the current tax year: What is the total ordinary income from business activities passed through by the partnership for the current tax year?
The partnership of Felix and Oscar had the following items of income during the current tax year: What is the total ordinary income from business activities passed through by the partnership for the current tax year?   A) $156,000 B) $157,000 C) $165,000 D) $110,000 E) None of the above


A) $156,000
B) $157,000
C) $165,000
D) $110,000
E) None of the above

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