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CLAUDETTE INC A C CORPORATION ELECTS S CORPORATION STATUS IN 2012.THE COPORATION HAS THE FOLLOWING THE DATE OF ELECTION CASH 15,000 FMV 15,000 ACCOUNTS REC

CLAUDETTE INC A C CORPORATION ELECTS S CORPORATION STATUS IN 2012.THE COPORATION HAS THE FOLLOWING THE DATE OF ELECTION

CASH 15,000 FMV 15,000

ACCOUNTS REC 0. FMVALUE 50,000

EQUIPMENT 70,000 FMVALUE 40,000

LAND 90.000 FMVALUE 110,000

WHAT IS THE MAXINUM NET UNREALIZED BUILT IN GAIN

15,000

25.000

40,000

50,000

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