Rohan, Inc A)$44,550
B)$62,850

question 55

Multiple Choice

Rohan, Inc., a calendar year closely held corporation, is not a PHC. If the company reports the following items, the accumulated taxable income is: $$\begin{array} { l r } \text { Taxable income } & \$ 200,000 \\\text { Long-term capital gain (net of tax) } & 18,300 \\\text { Federal income tax on LTCG } & 11,700 \\\text { Dividends received deduction } & 18,000 \\\text { Accumulated earnings credit } & 90,000 \\\text { Federal income taxes } & 65,150\end{array}$$

• A)$44,550.
• B)$62,850.
• C)$80,850.
• D)$109,700.
• E)None of the above.

---

Definitions:

Western Metaphysics

A branch of philosophy that explores the fundamental nature of reality, including concepts such as existence, objects and their properties, space and time, cause and effect, and possibility.

Basic Reality

Basic Reality refers to the fundamental, underlying nature or essence of existence as perceived or theorized by philosophy.

Metaphysical Viewpoint

A perspective that deals with questions of existence, the nature and structure of the universe, reality, and the theory of knowledge.

Teleological Metaphysics

The branch of metaphysics that deals with the study of purpose, design, and goals within the universe, often involving the idea that natural processes aim towards certain ends.