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Current E & P $400,000 an Accumulated E & P 200,000. During the year Zeta distributes $900,000 to shareholders(A & B-$400,000 to each) A has

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Current E & P $400,000 an Accumulated E & P 200,000. During the year Zeta distributes $900,000 to shareholders(A & B-$400,000 to each) A has a basis in his stock $40,000 and B has a a basis of 250,000 Calculate the effect of the distribution on A and B

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