alculations. our Memo addresses only the Income Tax Issues of this scenario - do not scuss operational or any non-tax issue. If you do, points will be deducted. our submission must be in Memorandum format addressed to Tom & Donna and must be 3 pages (not bunting cover page, exhibits and references), single-spaced, 12 pt. Times New Roman font, analyzing NLY the questions set forth above. All references must be set forth in APA Format. Also, there is no eed for an Abstract or Introduction. Write your answer in Memorandum format as if presented to a ent. Address it to Tom and Donna