Question 5 073.83 pts Eagle Corp., a C corporation, had the following in 2020: $1,000,000 $210,000 $14,098 Taxable income: Federal income tax paid: Entertainment expense (total): Interest on municipal bond: Dividends received from a domestic corp. (less-than-20% owned US corp): Meal expenses (total): $26,837 $40,000 $20,000 In 2020, Eagle Corp. distributed $850,000 to its sole shareholder, Edward. Eagle Corp. had a deficit in accumulated E&P of $100,000. Edward's stock basis was $200,000 prior to the distribution. What is Edward's stock basis at the end of 2020 (after the distribution)? 750,000 162,739 margin of error +/- 1 Question 5 073.83 pts Eagle Corp., a C corporation, had the following in 2020: $1,000,000 $210,000 $14,098 Taxable income: Federal income tax paid: Entertainment expense (total): Interest on municipal bond: Dividends received from a domestic corp. (less-than-20% owned US corp): Meal expenses (total): $26,837 $40,000 $20,000 In 2020, Eagle Corp. distributed $850,000 to its sole shareholder, Edward. Eagle Corp. had a deficit in accumulated E&P of $100,000. Edward's stock basis was $200,000 prior to the distribution. What is Edward's stock basis at the end of 2020 (after the distribution)? 750,000 162,739 margin of error +/- 1