Problem 18-54 (LO 18-4) (Algo) Acme Corporation has 1.000 shares outstanding, Joan and Bill are married, and each of them owns 35 shares of Acme Joan and it's daughter, Shirley, also owns 35 shares of Acme Joan is an equal partner with Jerl in the J&J partnership, and this partnership owns 70 shares of Acme. Jer is not related to Joan or Bill. How many shares of Acme is Shirley deemed to own under the stock attribution rules? Number of shares Required Information Problem 18-67 (LO 18-5) (Algo) [The following information applies to the questions displayed below) Aggie Corporation made a distribution of $569.000 to Rusty Cedar in partial liquidation of the company on December 31 of this year. Rusty, an individual, owns 100 shares (100 percent of Aggie Corporation The distribution was in exchange for 50 percent of Rusty's stock in the company. At the time of the distribution, the shares had a fair market value of $219 per share. Rusty's tax basis in the shares was $65 per share. Aggie had total E&P of $8.025.000 at the time of the distribution Problem 18-67 Part-a (Algo) What are the amount and character capital gain or dividend) of any income or gain recognized by Rusty as a result of the partial liquidation? Capital gain per share Required Information Problem 18-67 (LO 18-5) (Algo) [The following information applies to the questions displayed below) Aggie Corporation made a distribution of $569,000 to Rusty Cedar in partial liquidation of the company on December 31 of this year. Rusty, an Individual, owns 100 shares (100 percent of Aggle Corporation. The distribution was in exchange for 50 percent of Rusty's stock in the company. At the time of the distribution, the shares had a fair market value of $219 per share. Rusty's tax basis in the shares was $65 per share. Aggie had total E&P of $8,025,000 at the time of the distribution Problem 18-67 Part-b (Algo) b. Assuming Aggie made no other distributions to Rusty during the year, by what amount does Aggie reduce its total E&P as a result of the partial liquidation? Fede EAP