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On January 1. Year 1.Can individual, paid $30.000 for 7 percent of the stock in Corps corporation. In November Year 1. he loaned $11,000 to
On January 1. Year 1.Can individual, paid $30.000 for 7 percent of the stock in Corps corporation. In November Year 1. he loaned $11,000 to D Comp. in return for a promissory not. Corp generated $750.000 operating loss in Year 1D Corp generated 5423,000 ordinary business income in Year 2. How much of share of this income included in this year table income Next
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