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Lexi owns all of the common stock of SB Digital Corp, a C corporation. Prior to the transactions below, Lexi has a $150,000 basis in

Lexi owns all of the common stock of SB Digital Corp, a C corporation. Prior to the transactions below, Lexi has a $150,000 basis in her SB Digital stock. What are the results to Lexi and SB Digital in each of the following alternative situations? a) In Year 1, SB Digital has $80,000 of current and no accumulated E

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