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content area top Part 1 Four unrelated shareholders own Benton Corporation's 400 shares of outstanding stock. As indicated below, Benton redeems a total of 100

content area top Part 1 Four unrelated shareholders own Benton Corporation's 400 shares of outstanding stock. As indicated below, Benton redeems a total of 100 shares for $ 500 per share from three of its shareholders. Each shareholder has a $ 230 per share basis in his or her stock. Benton's current and accumulated earnings and profits (E

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