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Corporation T, with earnings and profits of $60,000, distributed cash of $20,000 and property with a fair market value of $25,000 and an adjusted basis

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Corporation T, with earnings and profits of $60,000, distributed cash of $20,000 and property with a fair market value of $25,000 and an adjusted basis of $30,000 to its corporate shareholders. What is the amount of the distribution received by the shareholders? $20,000 $30,000 $45,000 $50,000

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