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S Corporations Exam Question 18 of 50 Select the best answer Zuspan, Inc., has the following balances for 20x1 before the cash distribution: Accumulated adjustments

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S Corporations Exam Question 18 of 50 Select the best answer Zuspan, Inc., has the following balances for 20x1 before the cash distribution: Accumulated adjustments account (AAA) Previously taxed income Stock basis $10,000 $15,000 $30,000 A cash distribution of $24,000 is made during 20X1. What is the AAA of Zuspan, Inc,at December 31, 20x1? .SO B. $5,000 O C. $10,000 O D. $15,000 Submit Answers 2% Complete Exam, Question Q 18

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