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Prob 1 In each of the following independent situations, indicate taxable distribution and return of capital End of Yr Accumulated E&P Accum Year End Taxable
Prob 1 In each of the following independent situations, indicate taxable distribution and return of capital End of Yr Accumulated E&P Accum Year End Taxable Return of Beginning of year E&P Distribution Amount Capital $0 $50,000 a b $0 $65,000 $30,000 $30,000 $30,000 $0 $50,000 $10,000 $30,000 $30,000 $20,000 $65,000 $30,000 $60,000 $10,000 $30,000 -$20,000 $60,000 $60,000 $60,000 $30,000 $50,000 $30,000 d e
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