Memorandum Findings of Fact and Opinion
PIERCE, Judge:
Respondent determined deficiencies in the income taxes of the petitioner corporation, as follows:
Taxable year Docket No. ended Deficiency 57348 .............. 5/31/51 $24.223.98 5/31/52 11,070.11 60572 .............. 5/31/53 13...
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