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Taxation of Flow-Through Shares Wilma had a marginal tax rate of 40% and invested $60,000...

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Taxation of Flow-Through Shares Wilma had a marginal tax rate of 40% and invested $60,000 in flow-through shares of WINDCO, a renewable energy company. Over the first two years of owning the shares, the company flowed through expenses totaling $52,000 to Wilma which she was able to deduct from her employment income. At the end of the two years, Wilma sold her shares in WINDCO for $55,000. What is Wilma's total return (or loss) on the investment

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