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begin{tabular}{|l|r|} hline ACC 6073 Advanced Tax & hline Homework 2 & hline Z Inc. has the following information: & hline Current E&P

image text in transcribed \begin{tabular}{|l|r|} \hline ACC 6073 Advanced Tax & \\ \hline Homework 2 & \\ \hline Z Inc. has the following information: & \\ \hline Current E\&P & 70,000 \\ \hline Accumulated E\&P & 100,000 \\ \hline Cash Distributions to Shareholders & 80,000 \\ \hline Shareholder Basis in Stock & 20,000 \\ \hline & \\ \hline Complete the following items: & \\ \hline & \\ \hline Dividend Income to Shareholder & \\ \hline Return of Capital to Shareholder & \\ \hline Capital Gain Income to Shareholder & \\ \hline Ending E\&P of Z Inc. & \\ \hline Ending Shareholded Basis in Stock & \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline ACC 6073 Advanced Tax & \\ \hline Homework 2 & \\ \hline Z Inc. has the following information: & \\ \hline Current E\&P & 70,000 \\ \hline Accumulated E\&P & 100,000 \\ \hline Cash Distributions to Shareholders & 80,000 \\ \hline Shareholder Basis in Stock & 20,000 \\ \hline & \\ \hline Complete the following items: & \\ \hline & \\ \hline Dividend Income to Shareholder & \\ \hline Return of Capital to Shareholder & \\ \hline Capital Gain Income to Shareholder & \\ \hline Ending E\&P of Z Inc. & \\ \hline Ending Shareholded Basis in Stock & \\ \hline \end{tabular}

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