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15. Which of the following items, if any, decreases an S corporation's AAA? a.Section 1231 loss. b.Distribution from earnings and profits. c.Expenses related to tax-exempt

15. Which of the following items, if any, decreases an S corporation's AAA?

a.Section 1231 loss.

b.Distribution from earnings and profits.

c.Expenses related to tax-exempt income.

d.Depletion in excess of basis.

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