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Business, 18.11.2020 17:10 MissDumb1

Lettuca Inc. generated a $77,050 ordinary loss from operations this year. It also recognized $5,920 recaptured ordinary income, $55,000 net Section 1231 loss, and $7,840 net capital loss on the sale of assets. Compute Lettuca’ s net operating loss. A. $(77,050)

B. $(126,130)

C. $(132,050)

D. $(133,970)

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Lettuca Inc. generated a $77,050 ordinary loss from operations this year. It also recognized $5,920...
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