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Questions #10 through #13 - FACTS: In YR 1, Corp Z. makes a distribution to its sole shareholder, A, an individual. At the time of

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Questions #10 through #13 - FACTS: In YR 1, Corp Z. makes a distribution to its sole shareholder, A, an individual. At the time of the distribution, Corp. Z has current E&P (C E&P) of $200 and accumulated E&P (A E&P) of $300. Corp Z. distributes $600 in cash to A. At the time of the distribution, A has an outside basis in her Corp. Z stock of $200. 10. How much of a dividend, if any, does A receive YR 1? $50 0 - code section 301 ( 0) (1), 914 11. What is A's basis in her Corp. Z stock after receiving the distribution from Corp. Z? $100 12 Does A recognize any gain on the distribution? 301 ( 0 ) ( 2 ) 13. What is the amount of Corp. Z's total E&P after the distribution? 301 ( ( ) ( 3 ) dividend ( 312 ) 200 300 - dividend

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