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Company ABC reports current E&P of $300,000 and a deficit inaccumulated E&P at the beginning of the year of ($200,000).Company ABC distributed $400,000 to its

Company ABC reports current E&P of $300,000 and a deficit inaccumulated E&P at the beginning of the year of ($200,000).Company ABC distributed $400,000 to its sole shareholder, Karin, onthe 2 answers

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