In the Current Year, Amber Corporation Has Taxable Income of $880,000

question 40

Multiple Choice

In the current year, Amber Corporation has taxable income of $880,000, alternative minimum taxable income of $600,000, and qualified production activities income (QPAI) of $640,000. The total W-2 wages paid to employees engaged in qualified domestic production activities are $116,000. Amber's DPAD for the current year is:

• A)$54,000.
• B)$57,600.
• C)$58,000.
• D)$79,200.
• E)None of the above.

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