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Re: tmcfo post# 117362

Saturday, 04/19/2014 8:07:53 PM

Saturday, April 19, 2014 8:07:53 PM

Post# of 298910
If your company had 100,000 in revenue & a debt of 1,000,000 that was forgiven, your income for that year would be $1,100,000 even though you only generated 100K from revenue.

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