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Business, 23.07.2019 06:10 annemcnair217

Corporation t, with earnings and profits of $60,000, distributed cash of $20,000 and property with a fair market value o $25,000 and an adjusted basis of $30,000 to its corporate shareholders. what is the amount of the distribution received by the shareholders?

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Corporation t, with earnings and profits of $60,000, distributed cash of $20,000 and property with a...
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