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Prob 1 In each of the following independent situations, indicate taxable distribution and return of capital Accumulated Current Year End Beginning of year E&P

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Prob 1 In each of the following independent situations, indicate taxable distribution and return of capital Accumulated Current Year End Beginning of year E&P Distribution a $0 $50,000 $40,000 b $30,000 -$30,000 $60,000 $30,000 $10,000 $40,000 $40,000 $50,000 $60,000

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