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During the current year, Berry Co. sold all its assets at fair market value and recorded a capital gain of $180,000. How much may be
During the current year, Berry Co. sold all its assets at fair market value and recorded a capital gain of $180,000. How much may be distributed to the shareholders of Berry Co. tax-free?
MCQ:
$90,000
$160,000
$180,000
$0
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