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Radio, Inc

Question 52

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Radio, Inc., an exempt organization, trains disabled individuals to be radio announcers.Rather than hold a traditional graduation exercise, the graduates compete in a radio announcer contest.Such activities are held four times each year.An admission fee of $10 is charged to the general public to attend the contest.Eight hundred people attended the contest this year, and prizes of $2,000 were given to the top 3 graduates.Calculate the amount of Radio's unrelated business income from this activity.

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The contest activity is not classified a...

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