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Distributions from corporations to its shareholders are considered to be paid out of FIRST. a a. Either Current or Accumulated Earnings and Profits (E&P) b.

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Distributions from corporations to its shareholders are considered to be paid out of FIRST. a a. Either Current or Accumulated Earnings and Profits (E&P) b. Shareholder Common Stock (capital) accounts c. Accumulated Earnings and Profits (E&P) O d. Current Earnings and Profits (E&P)

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