QUESTION 31 Which of the following has no affect on the Accumulated Adjustments Account (AAA) of an 5 Corporation? Section 1231 Losses Cost Of Goods Sold O Tax-Exempt Interest Income Nontaxable distributions to shareholders of the S Corporation QUESTION 32 Which of the following has no affect on the Accumulated Adjustments Account (AAA) and stock basis of a shareholder of an S Corporation? O Cost Of Goods Sold. o Ordinary Income Repayment of loan by the S Corporation made by a shareholder. Long-Term Capital Gain QUESTION 33 Which of the following has no affect on the stock basis of a shareholder of an S Corporation? O Long-Term Capital Gain. Cost Of Goods Sold. Ordinary Income. Repayment of loan by the S Corporation made by a shareholder. QUESTION 34 On January 1, 2021. Deborah and Blanton own equally fifty percent (504)) of the stock of Phillips Corporation in Corporation. Phillips Corporation has a 560.000 Operating Loss for the year of 2021. On the 219th day of the year of 2021, Deborah sells her one-half (1/2) of the stock of Philips Corporation to her daughter, Johnello. How much of the $60,000 Operating loss is allocated to Deborah? (Using the Per Day Method (Pro-Rata Methodische year 2021 is not a Leap Year) O $18,000 $30,000 $60,000 $-0