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3) Tomika Corporation has current and accumulated earnings and profits of $0. Tomika distributes $10,000 to sole shareholder, Alana. What are Tomika's earnings and profits

3) Tomika Corporation has current and accumulated earnings and profits of $0. Tomika distributes $10,000 to sole shareholder, Alana. What are Tomika's earnings and profits after the distribution? A) $0 B) $10,000 C) ($10,000) D) none of the above

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