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  3. usco incurred $164,000 in interest expense for the

usco incurred $164,000 in interest expense for the current year. the tax book value of...

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Accounting

USCo incurred $164,000 in interest expense for the current year. The tax book value of USCo's assets generating foreign-source income is $8,200,000. The tax book value of USCo's assets generating U.S.-source income is $82,000,000. How much of the interest expense is allocated and apportioned to foreign-source income? $

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