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JTL Inc. is a CCPC which was started 10 years ago by Mr. Prasad with an initial investment of $18,000. Mr. Prasad has decided to

JTL Inc. is a CCPC which was started 10 years ago by Mr. Prasad with an initial investment of $18,000. Mr. Prasad has decided to retire and, on January 1 2023, he wishes to have JTL sell their assets to a corporate purchaser at their fair market values. Then, he would like to wind up JTL and withdraw all the cash remaining in JTL for his personal use

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