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Tar Heel Corporation had current and accumulated E&P of$510,000 at December 31 20X3. On December 31, the company made adistribution of land to its sole

Tar Heel Corporation had current and accumulated E&P of$510,000 at December 31 20X3. On December 31, the company made adistribution of land to its sole shareholder, William Roy. Theland's fair 1 answer

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