13. Ned owns 50 shares of X corp. The remaining shares are owned as follows:

Tom (Ned's father), 60 shares; Estelle (Ned's wife), 75 shares; Pete (Estelle's father) 22

shares. And the ABC Partnership owns 300 shares and Ned is a 20% partner.

(a) How many shares in total is Ned treated as owning under the attribution rules?

(b) If Estelle is also a 10% partner in ABC, how many more shares are attributed to Ned?

14. The Tiptop partnership owns 120 shares of Z Corp. Laura owns 300 shares of Z

Corp, and is a 20% partner in Tiptop. Myles owns 80 shares of Z Corp, and is a 10%

partner in Tiptop. How many shares in total is the Tiptop partnership treated as owning

in Z Corp?