How much of the amounts is taxable


A corporation receives $20,000 in dividends from a U. S. Company, $2,000 in interest from a treasury bond, and $1,000 in interest from a state bond. The corporation owns five percent of the stock of the company paying the dividends. Based on these facts, how much of these amounts is taxable?

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Accounting Basics: How much of the amounts is taxable
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