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MAY INC OWNS RUTH MAY WITH FOLLOWING BALANCES AAA 80,000 E&p 70,000 RUTH BASIS IN MAY INC 140,000 IF MAY DISTRIBUTED 240.000 TO RUTH WHAT

MAY INC OWNS RUTH MAY WITH FOLLOWING BALANCES

AAA 80,000

E&p 70,000

RUTH BASIS IN MAY INC 140,000

IF MAY DISTRIBUTED 240.000 TO RUTH WHAT IS CAPITAL GAIN

WHAT AMOUNT IS TAX FREE TO RUTH

140,000

30,000

70,000

90,000

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