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Green Corporation has a deficit in current E&P of ($100,000) and positive accumulated E&P of $250,000 A $50,000 distribution from Green to Its sole shareholder

Green Corporation has a deficit in current E&P of ($100,000) and positive accumulated E&P of $250,000 A $50,000 distribution from Green to Its sole shareholder at year-end will be treated as a dividend. True or False True False

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