QUESTION 23 During the year of 2021, Bradford Corporation, ans Corporation has a recognized Built-in Gain of $80,000 and Taxable income if it were a Begular) Corporation of 595,000. The Built-in Gains Tax (Section 1374 of the internal Revenue Code) of Bradford Corporation for the year of 2021 O $33.250 $28,000 $61,250 $16.800 QUESTION 22 Renella, an individual, is a shareholder in Joubert Corporation, an S Corporation. At the beginning of the year of 2021, Renela has a $15.000 basis in her stock in Joubert Corporation and a $10,000 loan (debe) basis to Joubert Corporation. For the year of 2021, Renella's share of Joubert Corporation's Nonseparately stated Loss was $30,000 and Renella's share of Joubert Corporation's Separately Stated Long-Term Capital Loss was $10,000. What amount of the Nonseparately Stated Loss of Joubert Corporation can Renella deduct on her personal Federal Income Tax Return (Form 1040) for the year of 20217 $15,000 $ 6.250 $18.750 $25,000 QUESTION 21 Which of the following events will terminate an Selection of an S Corporation? An estate becomes a shareholder in the S Corporation. The S Corporation issues Preferred Stock in addition to Common Stock The S Corporation has a large amount of Section 1245 (Depreciation Recapture) Income. The S Corporation receives a small amount of Passive Investment Income during the current year