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Complete the following schedule for each case.Assume the shareholder has $20,000 basis in the stock investment.The company has a calendar year. Accumulated E&P Current E&P

Complete the following schedule for each case.Assume the shareholder has $20,000 basis in the stock investment.The company has a calendar year.

Accumulated E&P

Current E&P

Cash Distrib. (Last day of year)

Dividend

Return of Capital

Capital Gain

(100,000)

120,000

150,000

70,000

30,000

110,000

(100,000)

80,000

70,000

210,000

(150,000)

90,000

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