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Question #6. (3 points) Ryan owns all the stock in an S corporation. However, he wants to attract more capital for the corporation, so he

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Question \#6. (3 points) Ryan owns all the stock in an S corporation. However, he wants to attract more capital for the corporation, so he starts looking for investors. He finds Angel, LLC, which is an LLC that looks to invest in small businesses. Angel, LLC, is owned by Jett and Maria, both individuals. If Angel, LLC invests in Ryan's corporation and becomes a shareholder, does the corporation still qualify for S status? Why or why not

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