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8:02 Wilde Corporation has a positive balance in Accumulated E & P of $114,000 and a positive balance in Current E & P of $48,000.
8:02 Wilde Corporation has a positive balance in Accumulated E & P of $114,000 and a positive balance in Current E & P of $48,000. During cash distributions to its sole shareholder, Beth April 30 August 3 $37,400 December 31 $99,000 Beth has a stock basis of $45.260. Required: Calculate the effects of each distribution, including the breakdown on Form 1099. the year, Wilde made the $83,600 Round the percentages to two decimal places. Example: 1354 rounds to 14% SHOW ALL CALCULATIONS
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