Clampett, inc., has been an s corporation since its inception. on july 15, 2020, clampett, inc., distributed $44,000 to j. d. his basis in his clampett, inc., stock on january 1, 2020, was $42,000. for 2020, j. d. was allocated $10,600 of ordinary income from clampett, inc., and no separately stated items. how much capital gain does j. d. recognize related to clampett, inc., in 2020

-$8,600

Explanation:

Data provided in the question:

Distributions = $44,000

Basis = $42,000

Amount of ordinary income allocated = $10,600

Now,

Capital gain from distribution in excess of basis

= Distribution - Basis -  Amount of ordinary income allocated

= $44,000 - $42,000 - $10,600

= -$8,600

here, negative sign depicts there is a capital loss

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.

b. take periodic breaks and alternate between tasks.  

will increase work efficiency, and avoid health issues.