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Tom Operates an Illegal Drug-Running Operation and Incurred the Following

question 19

Multiple Choice

Tom operates an illegal drug-running operation and incurred the following expenses: Tom operates an illegal drug-running operation and incurred the following expenses:   Which of the following amounts reduces his taxable income? A) $119,000. B) $160,000. C) $279,000. D) $324,000. E) None of these. Which of the following amounts reduces his taxable income?


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