Respondent determined deficiencies in income and excess profits taxes for the taxable year 1945 in the amounts of $114.69 and $7,342.17, respectively. The sole issue is whether petitioner is entitled to report part of its 1945 income on the installment sales basis. Other adjustments made by respondent in determining the deficiencies are uncontested.
Some of the facts were stipulated.
FINDINGS OF FACT.
The stipulated facts are so found and are incorporated...
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