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Question 23 2 pts Iquestion 1 of 2] Poplar Co, reports current E&P of $80,000 and accumulated E&P of $5,000. On April 1. Poplar distributed
Question 23 2 pts Iquestion 1 of 2] Poplar Co, reports current E&P of $80,000 and accumulated E&P of $5,000. On April 1. Poplar distributed $30,000 to shareholder Henri. Then, on November 1. Poplar distributed $70,000 to shareholder Julian, Henri's stock basis is $20,000, and Julian's stock basis is $10,000. What is Henri's remaining bosis in his stock after the distribution on April 1? 50 $19.000 $15,500 O $20,000
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