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may inc owned entirely by ruth may has balances aaa 80,000 e&P 70,000 ruth basis in may inc. 140,000 if may inc distributed 240,00 to

may inc owned entirely by ruth may has balances

aaa 80,000

e&P 70,000

ruth basis in may inc. 140,000

if may inc distributed 240,00 to ruth what is amount of dividend

160,000

30,000

70,000

90,000

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