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Harold Hampter owns 1 0 0 percent of Clawson Company. Clawson's E&P is $ 5 0 0 , 0 0 0 . Which of the

Harold Hampter owns 100 percent of Clawson Company. Clawson's E&P is $500,000. Which of the following transactions might be reclassified as a constructive (disguised) dividend? Explain your response.
(A) Harold is paid a $100,000 bonus in addition to his normal salary of $350,000 for a total compensation of $450,000 paid by Clawson. Harold's compensation (before the bonus) of $350,000 is relatively equal to what other presidents of similarly sized companies earn.
(B) Clawson leased a building owned by Harold for $100,000. The fair rental value of the building was $100,000.
(C) Clawson sold equipment to Harold for $75,000. However, on the date of the sale the fair market value of the equipment was $175,000.

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