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Business, 23.07.2019 06:10 schneidersamant9242
Core corporation reported current earnings and profits of $250,000. it distributed a building with an adjusted basis to core of $170,000 and a fair market value of $230,000, to its sole shareholder. the building had a mortgage of $90,000, which the shareholder will assume. what is the amount of dividend received by the shareholder?
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Core corporation reported current earnings and profits of $250,000. it distributed a building with a...
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