handwritten If possible

5 years after its formation, Up the Hill Corporation wants to pay dividends to its shareholders Jack and Jill. On 1/1 Year 6 , it has accumulated E\&P of $10,000 and current E\&P of $50,000. It distributes a $50,000 cash dividend to Jack on 6/30 and a $50,000 cash dividend to Jill at end of year. A. How much of the dividend distribution is taxable to Jack and Jill? B. What is the effect to UTH's E\&P? QUESTION #4 5 years after its formation, Up the Hill Corporation wants to pay dividends to its shareholders Jack and Jill. On 1/1 Year 6 , it has negative accumulated E\&P of ($10,000) and current E&P of $50,000. It distributes a $30,000 cash dividend to Jack and a $30,000 cash dividend to Jill at end of year. A. How much of the dividend distribution is taxable to Jack and Jill? B. What is the effect to UTH's E\&P? 5 years after its formation, Up the Hill Corporation wants to pay dividends to its shareholders Jack and Jill. On 1/1 Year 6 , it has accumulated E\&P of $10,000 and current E\&P of $50,000. It distributes a $50,000 cash dividend to Jack on 6/30 and a $50,000 cash dividend to Jill at end of year. A. How much of the dividend distribution is taxable to Jack and Jill? B. What is the effect to UTH's E\&P? QUESTION #4 5 years after its formation, Up the Hill Corporation wants to pay dividends to its shareholders Jack and Jill. On 1/1 Year 6 , it has negative accumulated E\&P of ($10,000) and current E&P of $50,000. It distributes a $30,000 cash dividend to Jack and a $30,000 cash dividend to Jill at end of year. A. How much of the dividend distribution is taxable to Jack and Jill? B. What is the effect to UTH's E\&P