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Dion an S shareholder owned 20% of MBs stock for 292 days and 25% for the remaining 73 days. MB earned 25,000 of regular income
Dion an S shareholder owned 20% of MBs stock for 292 days and 25% for the remaining 73 days. MB earned 25,000 of regular income and $10,000 of tax-exempt income for the year. What is Dions share of each?
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