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Parrot Corporation is a closely held company with accumulated E& P of $300,000 and current E & P of $350,000. Tom andJerry are brothers; each

Parrot Corporation is a closely held company with accumulated E& P of $300,000 and current E & P of $350,000. Tom andJerry are brothers; each owns a 50% share in Parrot, and they sharemanag 2 answers

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