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Question Completion Status 5197,000 $180,000 O $194,000 5200,000 QUESTION 19 R Corporation has a negative current earnings and profits for tax year 20X7 of $15,000.

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Question Completion Status 5197,000 $180,000 O $194,000 5200,000 QUESTION 19 R Corporation has a negative current earnings and profits for tax year 20X7 of $15,000. Accumulated earnings and profits as of the beginning of 20x7 equal $10,000. On July 1, 20x7. R Corporation distributes 56.000 cash to its sole shareholder y, whose basis in the stock is 53,000. What is the amount of dividend income that must report for the year of zero, write zero as the answers? Do any allocations on a per month basis instead of a perday basit. Show work for partial credit For the toolbar, press ALT+F10 (PC) or ALT+FA+F10 (Mac). BI V S Paragraph Arial 14p !!! !!! A 4 I Click Save and submit to save and submit Click Save Allar to save all anners Type here to search mi

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