Tullia Inc. recognized $500,000 ordinary income, $22,600 net Section 1231 gain, and $6,000 net capital loss this year. Tullia's taxable income is...
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Tullia Inc. recognized $500,000 ordinary income, $22,600 net Section 1231 gain,

and $6,000 net capital loss this year. Tullia's taxable income is $522,600.

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