Please complete all thr problems and label accordingly! Thank you
Required information [The following information applles to the questions displayed below] Lone Star Company is a calendar-year corporation, and this year Lone Star reported $138,000 in current E\&P that accrued evenly throughout the year. At the beginning of the year, Lone Star's accumulated E\&P was $16,560. Lone Star declared $41,400 in cash distributions on each of the following dates: April 1, July 1, October 1, and December 31 . Note: Leave no onswer blank. Enter zero if applicable. Negative amount should be indicated by o minus sign. o. How much of the $165,600 in total distributions will be treated as dividends? Required information [The following information applies to the questions displayed below.] Lone Star Company is a calendar-year corporation, and this year Lone Star reported \$138,000 in current E\&P that accrued evenly throughout the year. At the beginning of the year, Lone Star's accumulated E\&P was $16,560. Lone Star declared $41,400 in cash distributions on each of the following dates: April 1, July 1. October 1. and December 31 . Note: Leave no answer blank. Enter zero if opplicable. Negotive amount should be indicated by o minus sign. 1. Prepare a draft of Lone Star's Form 5452 for this year. Note: Visit the IRS website and download Form 5452. Enter the required values in the oppropriate fields, Sove your completed Tox Form t hen uplood it here by clicking "Browse." Next, click "Save." Required information [The following information applies to the questions displayed below] Lone Star Company is a calendar-year corporation, and this year Lone Star reported $138,000 in current E\&P that accrued evenly throughout the year, At the beginning of the year, Lone Star's accumulated E\&P was \$16,560. Lone Star declared $41,400 in cash distributions on each of the following dates: April 1, July 1, October 1, and December 31 . Note: Leave no answer blank. Enter zero if applicable. Negative amount should be indicated by a minus sign. . Suppose that Matt owned all Lone Star's shares at the beginning of the year and sold half of the shares to Chris on June 1st for 55,200 . How much dividend income will Matt recognize this year? Required information The following information applies to the questions displayed below.] Lone Star Company is a calendar-year corporation, and this year Lone Star reported $138,000 in current E\&P that accrued evenly throughout the year. At the beginning of the yeat, Lone Star's accumulated E\&P was \$16,560. Lone Star declared $41.400 in cash distributions on each of the following dates: April 1, July 1, October 1, and December 31 . Note: Leave no answer blank. Enter zero if applicable. Negative omount should be indicated by a minus sign. If Matt's basis in the Lone Star shares was $9,660 at the beginning of the year, how much capital gain will he recognize on the sale d distributions from Lone Star
