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28. Ray Cutter , M. D. , incorporated his medical practice . Soon thereafter , he transferred his stock portfolio to the corporation . Since

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28. Ray Cutter , M. D. , incorporated his medical practice . Soon thereafter , he transferred his stock portfolio to the corporation . Since Dr. Cutter is the only surgeon in the corporation , all patients automatically expect his services . One year , professional fees were $200 , 000 and dividends

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