all questions please

Question 68 of 75. An Scorporation's tax years for 2018-2020 end on 12/28/2018, 12/27/2019, and 12/25/2020. This is a Fiscal tax year O Natural tax year 52-53-week tax year O Business purpose tax year Mark for follow up Question 69 of 75. Max converted his sole proprietorship to an s corporation and transferred several assets to the corporation. The assets cost $15,000 and had an adjusted basis of $8,000. He also spent an additional $700 to make the conversion to an $ corporation. What is his beginning basis in the S corporation? $8.000 $8.700 $15,000 $15.700 Mark for follow up Question 70 of 75. Each of the following types of income is passed through from an S corporation on Schedule Kto a shareholder on Schedule K-1 EXCEPT: Dividend income Gross receipts. Interest income. Royalties Question 71 of 75. What percentage of shareholders must consent to the S corporation election? O 50% O 67% 90% 100% Mark for follow up Question 72 of 75. These are all recorded on the Schedule M-2, EXCEPT: Accumulated adjustments account Accumulated earnings and profits Retained earnings. Shareholder's undistributed taxable income previously taxed. Mark for follow up Question 73 of 75. Linda owns 175 shares of stock in an S corporation which she purchased for $50 per share. Linda gave 25 shares to her daughter, Janet. Linda also sold five shares to her friend, Betty, for $62 per share. What are Linda, Janet and Betty's respective basis after those transactions? Linda: $7.250, Janet $1,250, Betly: $250 Linda: 57.250: Janet $1.250Betty $310, Linda: $8,750, Janet: $1,250, Betty: $310. Linda: 58.750: Janet $1,250, Betty: $250 Mark for follow up corporation's Form 1120-S EXCEPT Question 74 of 75. Each of the following are reported on page 1 of the Employment credits O Gross receipts or sales Repairs and maintenance O Employee benefit programs